Pine Cliff Energy Ltd. (OTCMKTS:PIFYF – Get Free Report) shares shot up 1.1% during mid-day trading on Wednesday . The company traded as high as $0.40 and last traded at $0.40. Approximately 103,750 shares changed hands during mid-day trading, an increase of 16% from the average session volume of 89,445 shares. The stock had previously closed at $0.3956.
Pine Cliff Energy Stock Performance
The company’s 50 day simple moving average is $0.40 and its 200 day simple moving average is $0.44.
About Pine Cliff Energy
Pine Cliff Energy Ltd. is a publicly traded oil and natural gas producer headquartered in Calgary, Alberta. The company focuses on the exploration, development and production of light crude oil, natural gas and natural gas liquids in the Western Canadian Sedimentary Basin. Its core asset is a Montney play near Grande Prairie, Alberta, where it holds working interests in both conventional and tight gas reservoirs.
Pine Cliff’s operations are anchored by the Ante Creek natural gas processing facility, which provides gas gathering, processing and de-ethanization services.
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