i3 Energy (OTCMKTS:ITEEF) Stock Price Up 11.8% – Here’s What Happened

i3 Energy Plc (OTCMKTS:ITEEFGet Free Report) traded up 11.8% during mid-day trading on Thursday . The company traded as high as $0.17 and last traded at $0.17. 175 shares changed hands during trading, a decline of 100% from the average session volume of 49,164 shares. The stock had previously closed at $0.15.

i3 Energy Stock Performance

The stock has a 50-day moving average price of $0.15 and a 200-day moving average price of $0.14.

i3 Energy Company Profile

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i3 Energy Plc, a holding company, engages in the acquisition, development, and production of oil and gas assets in the United Kingdom and Canada. The company holds the 13/23c and 13/23d blocks in Liberator field; and 75% interest in the 13/23c-10 well in the Serenity field. Its production asset base consists of approximately 850 net conventional oil, natural gas, and natural gas liquids production wells in Central Alberta, Wapiti / Elmworth, Simonette, and the Clearwater play, Canada.

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