Shares of Global Petroleum Limited (LON:GBP – Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.05 ($0.00), with a volume of 44806411 shares trading hands. The stock had previously closed at GBX 0.06 ($0.00).
Global Petroleum Stock Down 18.2 %
The firm has a market cap of £877,500.00, a P/E ratio of -1.57 and a beta of 1.16. The company has a 50 day moving average of GBX 0.11 and a two-hundred day moving average of GBX 0.10.
About Global Petroleum
Global Petroleum Limited, together with its subsidiaries, explores for oil and gas properties in Africa. It primarily owns an 78% participating interest in the Namibian project consisting of offshore blocks 1910B and 2010A covering an area of 5,798 square kilometers located in Walvis Basin, Namibia. The company was incorporated in 1994 and is based in Melbourne, Australia.
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