Orca Energy Group (OTCMKTS:ORXGF) Trading 25.2% Higher – What’s Next?

by · The Markets Daily

Shares of Orca Energy Group Inc. (OTCMKTS:ORXGF – Get Free Report) rose 25.2% during mid-day trading on Wednesday . The company traded as high as $2.57 and last traded at $2.38. Approximately 12,275 shares traded hands during trading, an increase of 199% from the average daily volume of 4,112 shares. The stock had previously closed at $1.90.

Orca Energy Group Price Performance

The company’s 50-day moving average is $2.03 and its 200 day moving average is $2.08.

Orca Energy Group Company Profile

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Orca Energy Group Inc engages in the exploration, development, production, and supply of petroleum and natural gas to the power and industrial sectors in Tanzania. It principal asset is the Songo Songo block comprising an area of approximately 41,630 acres located to the south of Dar Es Salaam. The company was formerly known as Orca Exploration Group Inc and changed its name to Orca Energy Group Inc in July 2020.

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