Strathcona Resources (OTCMKTS:BKBEF) Trading Down 2.6% – Here’s Why

Strathcona Resources Ltd. (OTCMKTS:BKBEFGet Free Report) shares traded down 2.6% on Tuesday . The stock traded as low as $1.37 and last traded at $1.37. 83,600 shares changed hands during mid-day trading, an increase of 118% from the average session volume of 38,292 shares. The stock had previously closed at $1.41.

Strathcona Resources Stock Performance

The company’s 50 day moving average price is $1.37 and its two-hundred day moving average price is $1.37.

About Strathcona Resources

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Strathcona Resources Ltd. acquires, explores for, develops, and produces petroleum and natural gas reserves in western Canada. The company has 100% interests in the Cactus Lake property located to the south of Macklin, Saskatchewan; the Winter property located to the northwest of Unity, Saskatchewan; and the Court property located to the southeast of Kerrobert, Saskatchewan.

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