Bow Energy Ltd., (CVE:ONG) Stock Price Up 11.1% – Here’s Why

Bow Energy Ltd., (CVE:ONGGet Free Report)’s share price rose 11.1% during trading on Monday . The stock traded as high as C$0.20 and last traded at C$0.20. Approximately 2,500 shares traded hands during trading, a decline of 93% from the average daily volume of 36,193 shares. The stock had previously closed at C$0.18.

Bow Energy Ltd., Stock Performance

The stock has a fifty day simple moving average of C$0.20 and a 200-day simple moving average of C$0.20.

About Bow Energy Ltd.,

(Get Free Report)

Bow Energy Ltd., a natural resource company, engages in the acquisition, exploration, development, and production of oil and gas properties in Indonesia. Its principal properties include production sharing contracts, such as Bohorok, Palmerah Baru, Palmerah Deep, Mahato, as well as South Block A and Bohorok Deep properties located in Sumatra, Indonesia.

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