VKIN recently broke above its standing downtrend line as well as the key 50-day MA. The stock has also recently registered a Bull MACD Divergence, with its most recent low coming on strengthening upside momentum under the surface of the tape.
Viking Energy Group, Inc. engages in the acquisition, exploration, development, and production of oil and natural gas properties. It owns and invests in oil and gas assets located in North America in Kansas, Missouri, Texas, Louisiana, and Mississippi. The company was founded on May 3, 1989 and is headquartered in Houston, TX.