Dno Asa (OTCMKTS:DTNOF – Get Free Report) shares rose 20.1% during trading on Tuesday. The stock traded as high as $2.39 and last traded at $2.39. Approximately 1,500 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 7,988 shares. The stock had previously closed at $1.9905.
Dno Asa Stock Performance
The business’s 50-day moving average price is $1.93 and its 200-day moving average price is $1.93.
Dno Asa Company Profile
DNO ASA is a Norwegian independent oil and gas company engaged in the exploration, development and production of petroleum resources. The company’s activities include operating and participating in upstream projects, managing exploration licenses, and developing oil and natural gas fields.
DNO has a significant presence in the Kurdistan region of Iraq, where it operates the Tawke and Peshkabir oil fields through its local subsidiary. These assets have historically represented a central part of the company’s production portfolio.
The company also holds interests in exploration and production licenses on the Norwegian continental shelf, including projects in the North Sea.
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