Here are the oil & gas OTC stocks which are witnessing good momentum in mid-day trading. Keep an eye on these stocks:-
CGX Energy Inc. (OTCMKTS:CGXEF) Extends Rally: Now What?
CGXEF continues to tick higher and now trading higher by 14% to $1.89. The stock has traded with more than 804k shares traded for the session, much higher than its 30-day average volume of 104k shares. FTXP stock has been gaining momentum over the past month with a jump of 152% in the past month.
The last newsworthy development with regards to CGX was back on May 5 when the company announced its financial results for the first fiscal quarter of 2021.
88 Energy Limited (OTCMKTS:EEENF) Stock Jumps In Mid-Day Trading
EEENF stock is seeing another green day and by mid-day trading, EEENF stock is up by 7.50% to $0.0200. So far, more than 72.04 million shares traded for the session, compared its 30-day average volume of 219.63 million shares. The stock opened at $0.0190 and moved within a range of $0.0182 – 0.0204. Over the past 52-week, the stock has moved within a range of $0.0001 – 0.2000.
New America Energy Corp. (OTCMKTS:NECA) Jumps On Unusual Volume
NECA is another active gainer in today’s trading session. The stock has increased by 5.50% to trade at $0.0019. Total volume was 100.04 million shares, compared to its daily average volume of 125.98 million shares. After opening at $0.0016, the stock has been moving in a range of $0.0014 – 0.0020 for the session.
Another oil stock to keep an eye on is Allied Energy (OTCMKTS:AGYP). AGYP stock has been gaining solid momentum since the beginning of the year with a jump of about 500%. The stock has been consolidating after the big rally and a break above 35 cents could trigger another technical breakout. Recently, the company released recent rework activities as well as highlights to a work schedule that the Company believes will bring multiple wells online.
