Mosman Oil and Gas (LON:MSMN) Trading Down 11.6% – Here’s What Happened

Mosman Oil and Gas Limited (LON:MSMNGet Free Report) shares dropped 11.6% on Thursday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 234,764,344 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 322,601,094 shares. The stock had previously closed at GBX 0.04 ($0.00).

Mosman Oil and Gas Stock Performance

The company has a 50-day simple moving average of GBX 0.04 and a 200-day simple moving average of GBX 0.04. The company has a market cap of £7.31 million, a price-to-earnings ratio of -0.56 and a beta of 0.82.

Mosman Oil and Gas Company Profile

(Get Free Report)

Mosman Oil and Gas Limited engages in the exploration, development, and production of oil and gas properties in Australia and the United States. It holds a 100% interest in the Amadeus Basin in Central Australia; and owns interests in the Stanley, Livingston, Winters, Winters-2, Greater Stanley, Arkoma, and Cinnabar oil and gas producing assets.

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