Global Petroleum Limited (LON:GBP – Get Free Report)’s share price traded up 14.1% on Wednesday . The company traded as high as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). 94,463,438 shares traded hands during trading, an increase of 55% from the average session volume of 61,006,289 shares. The stock had previously closed at GBX 0.09 ($0.00).
Global Petroleum Price Performance
The company has a market capitalization of £3.64 million, a P/E ratio of -1.57 and a beta of 0.74. The company has a 50 day moving average of GBX 0.07 and a 200-day moving average of GBX 0.07.
About Global Petroleum
Global Petroleum Limited, together with its subsidiaries, explores for oil and gas properties in Africa. It primarily owns an 78% participating interest in the Namibian project consisting of offshore blocks 1910B and 2010A covering an area of 5,798 square kilometers located in Walvis Basin, Namibia. The company was incorporated in 1994 and is based in Melbourne, Australia.
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