Petro Matad Ltd (MATD) #matd Gap fill to 5.25p Petro Matad Ltd (MATD) #matd Gap fill to 5.25p
A large gap to fill all the way up to 5.25p.
Next report date
Report period
H2 2023
EPS estimate
—
Revenue estimate
—
−2.90 MUSD
1.10 B
About PETRO MATAD LTD ORD USD0.01
Sector
Industry
CEO
Michael J. Buck
Website
Headquarters
Ulaanbaatar
Founded
2007
ISIN
IM00B292WR19
FIGI
BBG000D5TM49
Petro Matad Ltd. is a holding company, which through its subsidiaries, engages in the oil exploration. Its operations include blocks IV and V, and block XX. The company was founded on August 30, 2007 and is headquartered in Ulaanbaatar, Mongolia.
Bullish to 7.5p-8p 200ma / 50ma resistance #mfchart5p is support area and great for entry opp if it ever comes again (bear in mind spread so at times it's best to buy at 5.10p / 5.15p)
if 5p is lost then bail as it could get back to 2p.
I would look for 7.5p-8p target for a profit slice once we close above 6.42p
Holding the trend - updated chart - 17p targetWaiting for next swing, so far it's looking really good for a run towards 14.9p resistance and hoping to break with the right news.
Holding from 10.8p 2nd entry.
1st Target 16.80p - back above the 20ma now - LONG - Held well above the 50% fibs and now above the 20ma. Looking good for a move as CCI is pushing higher at moment.
MATD Petro MatadBought previously at 8p and sold at 12.4p, now back in at 10.81p with a bigger target of 19.62p
10.5p is very good support where the 50% fibs lie.
MATD Long1st Target 19.42p
Entry: 10.81p
Profit over 85%
Market Cap = $87.49m
Wild Horse 290m barrel discovery NPV10 projected* estimate of ~$2.5 Billion
= 28x required to reach NPV10 estimate for Wild Horse
last week of Q1, 3D soon, Rig mobilisation and Drill updates due probably this week.
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Frequently Asked Questions
The current price of PRTDF is 0.0480 USD — it has decreased by 7.69% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on OTC exchange Petro Matad Ltd stocks are traded under the ticker PRTDF.
Petro Matad Ltd is going to release the next earnings report on Jun 17, 2024. Keep track of upcoming events with our Earnings Calendar.
PRTDF stock is 8.33% volatile and has beta coefficient of 0.01. Check out the list of the most volatile stocks — is Petro Matad Ltd there?
Yes, you can track Petro Matad Ltd financials in yearly and quarterly reports right on TradingView.
PRTDF stock has fallen by 3.61% compared to the previous week, the month change is a 3.61% fall, over the last year Petro Matad Ltd has showed a 9.86% decrease.
Today Petro Matad Ltd has the market capitalization of 42.44 M, it has increased by 0.68% over the last week.
No, PRTDF doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
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Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Petro Matad Ltd technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Petro Matad Ltd stock shows the neutral signal. See more of Petro Matad Ltd technicals for a more comprehensive analysis.
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