Granite Oil (OTCMKTS:GXOCF) Shares Down 2.9%

Granite Oil Corp (OTCMKTS:GXOCF) shares traded down 2.9% on Wednesday . The company traded as low as $0.35 and last traded at $0.35, 4,932 shares were traded during trading. A decline of 68% from the average session volume of 15,541 shares. The stock had previously closed at $0.36.

The stock has a fifty day moving average price of $0.39 and a two-hundred day moving average price of $0.49.

About Granite Oil (OTCMKTS:GXOCF)

Granite Oil Corp. engages in the exploration for, exploitation, development, and production of oil and natural gas in Canada. The company holds a 98% working interest in the Alberta Bakken properties covering 56,409 net undeveloped acres and 72,652 net developed acres with 68.0 net oil wells and 83.0 net gas wells located in southern Alberta.

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