Painted Pony Energy Ltd. (OTCMKTS:TRMLF)’s stock price dropped 5.5% during mid-day trading on Wednesday . The stock traded as low as $9.81 and last traded at $9.81, approximately 200 shares were traded during trading. A decline of 98% from the average daily volume of 10,612 shares. The stock had previously closed at $10.39.
Separately, BMO Capital Markets upgraded shares of Painted Pony Energy from a “market perform” rating to an “outperform” rating in a report on Thursday, May 30th.
The company’s 50-day moving average price is $12.29.
Painted Pony Energy Company Profile (OTCMKTS:TRMLF)
Tourmaline Oil Corp., together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the Western Canadian Sedimentary Basin. The company holds interests in properties located in the Alberta Deep Basin, NEBC Montney, and the Peace River High Triassic oil complex.
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