PetroTal (OTCMKTS:PTALF) Stock Price Down 0.8% – Time to Sell?

PetroTal Corp. (OTCMKTS:PTALF) shares dropped 0.8% on Monday . The stock traded as low as $0.3472 and last traded at $0.3472. Approximately 467,727 shares changed hands during trading, a decline of 4% from the average daily volume of 485,496 shares. The stock had previously closed at $0.35.

PetroTal Stock Performance

The firm’s 50 day moving average is $0.35 and its two-hundred day moving average is $0.34.

About PetroTal

PetroTal Corp. is a Canada-based exploration and production company engaged in the development of oil and gas assets in Peru. Established with a focus on onshore hydrocarbon opportunities, the company’s primary operations center on Block 95 in the North Ucayali Basin. Through its wholly owned subsidiary PetroTal Peru SA, the company manages all aspects of field development, drilling, production and sales of light crude oil.

The core asset, the Bretaña oil field, reached first commercial production in December 2019.