Seven Generations Energy (OTCMKTS:SVRGF) Shares Down 2.1% – Here’s Why

Seven Generations Energy Ltd. (OTCMKTS:SVRGF)’s stock price fell 2.1% on Tuesday . The company traded as low as $6.71 and last traded at $6.71. 3,800 shares were traded during trading, a decline of 78% from the average session volume of 17,214 shares. The stock had previously closed at $6.8544.

Seven Generations Energy Stock Down 2.1%

The business’s fifty day moving average price is $6.71 and its 200 day moving average price is $6.71.

About Seven Generations Energy

Seven Generations Energy Ltd. is a Canadian oil and gas exploration and production company focused on the development of unconventional natural gas and natural gas liquids in Western Canada. As an upstream operator, the company’s activities include the acquisition, exploration, drilling, completion and production of Montney shale resources. Its core product mix comprises natural gas, condensate and light hydrocarbons, which are marketed to domestic and export markets via established pipeline networks and midstream partnerships.

The company’s primary assets are located in the Montney formation across northeastern British Columbia and northwestern Alberta, where it has established multi-well pads, compression facilities and liquids handling infrastructure.