Orca Energy Group (OTCMKTS:ORXGF) Shares Up 1% – Still a Buy?

Orca Energy Group Inc. (OTCMKTS:ORXGFGet Free Report) was up 1% during mid-day trading on Friday . The stock traded as high as $2.10 and last traded at $2.09. Approximately 9,810 shares changed hands during mid-day trading, an increase of 360% from the average daily volume of 2,132 shares. The stock had previously closed at $2.07.

Orca Energy Group Stock Performance

The company’s 50 day moving average price is $2.07 and its 200-day moving average price is $2.39.

About Orca Energy Group

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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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