Pine Cliff Energy Ltd. (OTCMKTS:PIFYF – Get Free Report) crossed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $0.38 and traded as high as $0.40. Pine Cliff Energy shares last traded at $0.40, with a volume of 21,737 shares changing hands.
Pine Cliff Energy Price Performance
The stock’s fifty day moving average is $0.38 and its 200 day moving average is $0.43.
About Pine Cliff Energy
Pine Cliff Energy Ltd. is a Canadian oil and natural gas exploration and production company focused on conventional assets in Alberta. The company primarily produces natural gas, along with associated crude oil and natural gas liquids, for sale into Canadian energy markets. Pine Cliff’s operations are concentrated in several mature producing regions of Alberta, including central and southern Alberta. Its business strategy emphasizes acquiring, developing and optimizing established oil and gas properties, with a focus on extending the productive life of existing assets and improving operating efficiency.
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