Carnarvon Energy Limited (OTCMKTS:CVONF – Get Free Report) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 24,500 shares, an increase of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 10,111 shares, the days-to-cover ratio is presently 2.4 days.
Carnarvon Energy Stock Performance
Carnarvon Energy stock opened at C$0.09 on Friday. Carnarvon Energy has a 52 week low of C$0.05 and a 52 week high of C$0.09. The business’s 50-day simple moving average is C$0.08 and its 200-day simple moving average is C$0.07.
Carnarvon Energy Company Profile
Carnarvon Energy (OTCMKTS:CVONF) is an Australia‐based oil and gas exploration and production company focused on the North West Shelf region offshore Western Australia. The company holds both production and exploration permits in the Bedout Sub‐basin, targeting a mix of conventional and emerging hydrocarbon plays.
The flagship asset for Carnarvon is the Dorado project within Production Licence WA-437-P, where it holds a substantial equity stake alongside international industry partners.
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