Shares of Borders & Southern Petroleum plc (LON:BOR) shot up 7.4% on Thursday . The stock traded as high as GBX 2.55 ($0.03) and last traded at GBX 2.55 ($0.03). 201,920 shares traded hands during trading, a decline of 73% from the average session volume of 739,905 shares. The stock had previously closed at GBX 2.38 ($0.03).

The firm has a market capitalization of $12.34 million and a price-to-earnings ratio of -6.38.

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Borders & Southern Petroleum Company Profile (LON:BOR)

Borders & Southern Petroleum plc operates as an independent oil and gas exploration company in the Falkland Islands. It is involved in the exploration and appraisal of hydrocarbons. The company holds a 100% interest in three production licenses covering an area of approximately 10,000 square kilometers in the Falkland Islands.

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