Mosman Oil and Gas (LON:MSMN) Shares Down 11.6% – Time to Sell?

Mosman Oil and Gas Limited (LON:MSMNGet Free Report) shares dropped 11.6% on Thursday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 234,764,344 shares changed 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 Down 11.6 %

The firm’s 50-day moving average price is GBX 0.04 and its 200 day moving average price is GBX 0.04. The company has a market capitalization of £7.41 million, a P/E 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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