September 16, 2016 - 10:25 AM EDT
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TSX Venture Miscellaneous Sector Led by 33.33% Gain in Shares of Border Petroleum Limited (CDX:BOR:CA) in Early Trading on September 15

Border Petroleum Limited (CDX:BOR:CA) came out strong at the opening of trading on September 15, outpacing most other miscellaneous sector peers listed on the TSX Venture Exchange with an early advance of 33.33%. After closing the previous session at $0.015, shares of BOR:CA opened this morning at $0.02 and are currently trading at $0.02. So far, about 24,000 shares have changed hands, compared to an average 30-day volume of 178,079 for Border Petroleum Limited. Shares moved as high as $0.02 and as low as $0.02 in today’s early action. The share appreciation gives the company a market capitalization of $955,374 based upon 63.69 million shares outstanding. In the past 52 weeks, shares of Border Petroleum Limited have traded as low as $0.005 and as high as $0.03. Technical traders will take note that at $0.02, shares of BOR:CA are trading above their 50-day moving average (MA) at $0.011 and above their 200-day MA at above $0.013. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move above them or holding over them is typically regarded as bullish. Who is $Border Pete? Border Petroleum Ltd is engaged in the exploration, development and production of oil and natural gas in Western Canada. The company is led by its CEO Al Kroontje from its headquarters at 407 - 3rd Street SW. For more information on Border Pete and other companies trading on the TSX Venture Exchange, as well as other Canadian and American stock exchanges, or to be considered for contributing content for our distribution network, visit today. All data provided by QuoteMedia, with stock data accurate as of 9:30 AM ET. is not responsible for inaccuracies in third-party supplied information. About the TSX Venture Exchange Owned and operated by the TMX Group, the TSX Venture Exchange is a public venture capital marketplace for emerging companies. It is headquartered in Calgary, Alberta, Canada with offices in Toronto, Vancouver and Montreal. All trading on the exchange is done electronically. Originally established in 1999, the “Venture,” as it is often shortened, was previously known as the Canadian Venture Exchange, but renamed in 2001 subsequent to the TSX Group (now known as the TMX Group) purchasing it. About is a leading publisher of market and investment news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the financial markets and global economies. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts, which in turn delivers a variety of unique opportunities for industry partnerships, corporate communications, market exposure and investment. A complete disclaimer can be viewed here.

Source: Financial Press News (September 16, 2016 - 10:25 AM EDT)

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