Petra Petroleum Inc. (TSXV: PTL), a junior oil and gas explorer, is today’s top
stock that experienced strong upward share price momentum after rallying over
10% while touching its new intraday high during the past two consecutive
trading days with a significant number of shares exchanging hands.During the last trading session, PTL was the top performer in the Canadian energy space after climbing 10% and ended at its 52-week high of C$0.55 while recording huge volumes of 169,200 shares. During the last 5-trading sessions, PTL gained 30.9% with 5-day average trading volumes of 80,020 shares, while the stock accumulated over 90% during the past one month with daily average trading volumes of 109,534 shares. We note that the stock have provided returns of over 161% year-to-date.
Company Description:
Petra Petroleum Inc (TSX-V: PTL) explores for oil and gas in the Middle East, North Africa and Mediterranean regions.
1-Year Stock Chart:
Source: Bloomberg
