Arrow Exploration Corp. (OTCMKTS:CSTPF – Get Free Report) shares dropped 4.3% during mid-day trading on Friday. The stock traded as low as C$0.45 and last traded at C$0.47. Approximately 27,466 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 98,005 shares. The stock had previously closed at C$0.49.
Arrow Exploration Price Performance
The firm’s 50 day moving average price is C$0.42 and its two-hundred day moving average price is C$0.36.
About Arrow Exploration
Arrow Exploration Corp. is an oil and natural gas exploration and production company focused on developing hydrocarbon assets in Colombia. The company’s activities include acquiring, exploring, drilling and producing from oil and gas properties, with an emphasis on expanding production through development drilling and operational improvements.
Arrow’s Colombian portfolio includes interests in the Llanos Basin, one of the country’s principal petroleum-producing regions. Its operations have included the Tapir Block and the Carrizales Norte field, where the company has pursued development of existing discoveries and additional exploration opportunities.
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