Carnarvon Energy Limited (OTCMKTS:CVONF – Get Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 24,500 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average trading volume of 10,111 shares, the days-to-cover ratio is presently 2.4 days.
Carnarvon Energy Price Performance
CVONF stock opened at C$0.09 on Wednesday. The firm has a 50 day moving average of C$0.08 and a two-hundred day moving average of C$0.07. Carnarvon Energy has a 12 month low of C$0.05 and a 12 month high of C$0.09.
About Carnarvon Energy
Carnarvon Energy (OTCMKTS:CVONF) is an Australia‐based oil and gas exploration and production company focused on the North West Shelf region offshore Western Australia. The company holds both production and exploration permits in the Bedout Sub‐basin, targeting a mix of conventional and emerging hydrocarbon plays.
The flagship asset for Carnarvon is the Dorado project within Production Licence WA-437-P, where it holds a substantial equity stake alongside international industry partners.
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