FAR Limited (OTCMKTS:FARYF – Get Free Report)’s share price rose 21.4% during trading on Wednesday . The company traded as high as $0.2138 and last traded at $0.2138. Approximately 337 shares changed hands during mid-day trading, an increase of 2,147% from the average daily volume of 15 shares. The stock had previously closed at $0.1761.
FAR Stock Performance
The firm’s 50-day simple moving average is $0.20 and its 200 day simple moving average is $0.30.
About FAR
FAR Ltd (OTCMKTS: FARYF) is an independent oil and gas exploration and production company with a strategic focus on offshore West Africa. The company’s principal assets are located in the Mauritania–Senegal Basin, where it holds equity interests in deepwater exploration blocks. Through partnerships with industry players, FAR participates in appraisal and development activities aimed at advancing discovered hydrocarbon resources toward commercial production.
Since its establishment in 2002, FAR has built a portfolio of exploration licences that encompass both contingent gas resources and exploration upside.
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