Spartan Energy Corp. (TSE:SPE – Get Rating) broke below its 50-day moving average during Monday’s trading. The stock has a 50-day moving average of C$6.68 and is trading as low as C$6.50. Shares of Spartan Energy last traded at C$6.68, with a volume of 4,629,624 shares traded in hands.
Spartan Energy Trading up 1.7%
The company’s 50-day moving average price is C$6.68.
About Spartan Energy
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Spartan Energy Corp. is an oil and natural gas exploration and production company in Canada and the United States. The Company’s principal properties include the Southeast Saskatchewan Properties, which consist of approximately 402,449 net acres of land primarily focused on conventional horizontal open pit wells drilled on Mississippian oil plays, such as Frobisher, Alida, Souris Valley, Tilston, Midale and Ratcliffe. training; and a property in west-central Saskatchewan comprising approximately 37,633 net acres of land targeting the Viking formation.
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