Arctic Hunter Energy Inc (CVE:AHU) shares rose 40% during mid-day trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04, approximately 56,000 shares traded hands during mid-day trading. An increase of 108% from the average daily volume of 26,860 shares. The stock had previously closed at C$0.03.
The stock has a market cap of $454,000.00 and a price-to-earnings ratio of -3.50. The business has a fifty day simple moving average of C$0.03.
About Arctic Hunter Energy (CVE:AHU)
Arctic Hunter Energy Inc acquires, explores for, and develops oil and gas, and mineral resource properties in Western Canada and Mexico. The company produces heavy oil in the Lloydminster area of west-central Saskatchewan and Southern California. It holds a 60% working interest in the C-12 oil and gas well located in Landrose, Saskatchewan.
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