Mosman Oil and Gas (LON:MSMN) Trading Down 8.1% – Here’s Why

Mosman Oil and Gas Limited (LON:MSMNGet Free Report) dropped 8.1% on Thursday . The stock traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 958,536,500 shares traded hands during trading, an increase of 256% from the average daily volume of 268,994,906 shares. The stock had previously closed at GBX 0.04 ($0.00).

Mosman Oil and Gas Stock Performance

The firm has a 50-day moving average price of GBX 0.03 and a two-hundred day moving average price of GBX 0.04. The firm has a market cap of £6.82 million, a price-to-earnings ratio of -0.56 and a beta of 0.82.

About Mosman Oil and Gas

(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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