Shares of Pine Cliff Energy Ltd. (OTCMKTS:PIFYF – Get Free Report) traded down 1.2% on Wednesday . The stock traded as low as $0.3811 and last traded at $0.4049. Approximately 6,281 shares were traded during trading, a decline of 91% from the average daily volume of 72,677 shares. The stock had previously closed at $0.4099.
Pine Cliff Energy Price Performance
The firm’s 50-day simple moving average is $0.44 and its 200 day simple moving average is $0.50.
Pine Cliff Energy Company Profile
Pine Cliff Energy Ltd. is a publicly traded oil and natural gas producer headquartered in Calgary, Alberta. The company focuses on the exploration, development and production of light crude oil, natural gas and natural gas liquids in the Western Canadian Sedimentary Basin. Its core asset is a Montney play near Grande Prairie, Alberta, where it holds working interests in both conventional and tight gas reservoirs.
Pine Cliff’s operations are anchored by the Ante Creek natural gas processing facility, which provides gas gathering, processing and de-ethanization services.
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