Bow Energy Ltd., (CVE:ONG) Shares Up 11.1% – Here’s What Happened

by · The Markets Daily

Bow Energy Ltd., (CVE:ONGGet Free Report)’s stock price was up 11.1% on Monday . The company traded as high as C$0.20 and last traded at C$0.20. Approximately 2,500 shares changed 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 Up 11.1 %

The stock’s fifty day moving average price is C$0.20 and its 200-day moving average price is C$0.20.

Bow Energy Ltd., Company Profile

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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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