Granite Oil Corp (OTCMKTS:GXOCF – Get Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.69 and traded as high as $0.71. Granite Oil shares last traded at $0.69, with a volume of 49,600 shares trading hands.
Granite Oil Trading Down 1.1 %
The company’s 50 day moving average price is $0.69 and its 200-day moving average price is $0.69.
About Granite Oil
Granite Oil Corp. engages in the exploration for, exploitation, development, and production of oil and natural gas in Canada. The company holds a 98% working interest in the Alberta Bakken properties covering 56,409 net undeveloped acres and 72,652 net developed acres with 68.0 net oil wells and 83.0 net gas wells located in southern Alberta.
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