Shares of Petro-Victory Energy Corp (TSXV: VRY), engaged in the acquisition, exploration, and development of oil and natural gas, recorded over a 19% gain during each of the past two consecutive trading sessions with significant number of shares exchanging hands. VRY was among the top performers in the Canadian energy sector after climbing 19.2% and closed at C$0.16 Friday, while recording significant trading volumes of 1.7 million shares. VRY breached its key technical resistance level of 30-Day DMA at C$0.14. During the past 5-trading sessions, VRY gained 72.2% with daily average trading volumes of 2.8 million shares, while the stock fell by 8.8% during the past one month with daily average trading volumes of 772,571 shares.
Company Description:
Petro-Victory Energy Corp. (TSXV: VRY), through its subsidiaries, explores, acquires and develops oil and natural gas resources in Paraguay. The company also seeks opportunities in Brazil and Guyana.
1-Year Stock Chart:
Source: Bloomberg
