PetroTal (OTCMKTS:PTALF) Shares Down 0.7% – Here’s What Happened

PetroTal Corp. (OTCMKTS:PTALFGet Free Report) traded down 0.7% during trading on Wednesday . The company traded as low as $0.4004 and last traded at $0.4071. 261,410 shares traded hands during trading, a decline of 22% from the average session volume of 334,601 shares. The stock had previously closed at $0.41.

PetroTal Stock Down 0.7%

The stock’s fifty day moving average price is $0.36 and its two-hundred day moving average price is $0.37.

PetroTal Company Profile

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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.

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