The stock of Pan Orient Energy Corp. (CVE:POE) is a huge mover today! About 14,850 shares traded hands. Pan Orient Energy Corp. (CVE:POE) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 5 months positive chart setup for the $68.63 million company. It was reported on Sep, 13 by Barchart.com. We have $1.78 PT which if reached, will make CVE:POE worth $25.39 million more.
Pan Orient Energy Corp. is a Canada oil and natural gas company. The company has a market cap of $68.63 million. The Firm holds properties onshore Thailand and Indonesia, as well as an interest in Andora Energy Corporation , which holds properties in Northern Alberta in Canada. It currently has negative earnings. In Thailand, the Company operates Concession L53, which is located approximately 60 kilometers west of Bangkok, and consists of over 970 square kilometers of lands of which approximately 20.26 square kilometers are associated with the L53-A, L53-D and L53-G fields, and over 955.74 square kilometers are of exploration lands.
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