FAR (OTCMKTS:FARYF) Stock Falls 1.7% – Here’s Why

FAR Limited (OTCMKTS:FARYF – Get Free Report)’s share price was down 1.7% during mid-day trading on Thursday. The company traded as low as $0.2121 and last traded at $0.2121. 500 shares were traded during trading, an increase of 700% from the average daily volume of 62 shares. The stock had previously closed at $0.2157.

FAR Price Performance

The company’s fifty day simple moving average is $0.20 and its 200 day simple moving average is $0.27.

About FAR

(Get Free Report)

FAR Limited is an Australian oil and gas exploration company formerly known as First Australian Resources Limited. The company has historically focused on identifying and developing oil and natural gas opportunities through exploration, appraisal and development activities.

FAR’s operations have included interests in Australia and West Africa. Its most significant historical asset was an interest in the Sangomar oil project and related offshore blocks in Senegal, where exploration activities led to the discovery and appraisal of substantial offshore resources.

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