Canadian Overseas Petroleum (LON:COPL) Stock Passes Above 50 Day Moving Average of $0.11

Canadian Overseas Petroleum Limited (LON:COPL)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.11 and traded as high as $0.10. Canadian Overseas Petroleum shares last traded at $0.10, with a volume of 105,426,646 shares.

The stock has a market capitalization of $2.91 million and a price-to-earnings ratio of -0.49. The business has a fifty day moving average of GBX 0.11 and a 200 day moving average of GBX 0.13.

About Canadian Overseas Petroleum (LON:COPL)

Canadian Overseas Petroleum Limited, together with its subsidiaries, engages in the exploration and development of oil and natural gas offshore reserves in Africa. It holds a 17% working interest in the Block LB-13 located offshore Liberia; and 40% equity interest in the OPL 226 blocks located in the Niger Delta province, offshore Nigeria.

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