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.
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−4.77 MGBP
0.00GBP
1.48 B
About PETRO MATAD LTD ORD USD0.01
Sector
Industry
CEO
Michael J. Buck
Website
Headquarters
Ulaanbaatar
Founded
2007
ISIN
IM00B292WR19
FIGI
BBG000TGGHV3
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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The current price of MATD is 2.40 GBX — it has increased by 6.67% in the past 24 hours. Watch PETRO MATAD LTD ORD USD0.01 stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on LSE exchange PETRO MATAD LTD ORD USD0.01 stocks are traded under the ticker MATD.
MATD stock has risen by 3.25% compared to the previous week, the month change is a −8.08% fall, over the last year PETRO MATAD LTD ORD USD0.01 has showed a −17.81% decrease.
MATD reached its all-time high on Apr 11, 2011 with the price of 207.69 GBX, and its all-time low was 1.49 GBX and was reached on Jul 1, 2016. View more price dynamics on MATD chart.
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MATD stock is 12.95% volatile and has beta coefficient of 0.48. Track PETRO MATAD LTD ORD USD0.01 stock price on the chart and check out the list of the most volatile stocks — is PETRO MATAD LTD ORD USD0.01 there?
Today PETRO MATAD LTD ORD USD0.01 has the market capitalization of 33.39 M, it has decreased by −6.25% over the last week.
Yes, you can track PETRO MATAD LTD ORD USD0.01 financials in yearly and quarterly reports right on TradingView.
PETRO MATAD LTD ORD USD0.01 is going to release the next earnings report on Jun 23, 2025. Keep track of upcoming events with our Earnings Calendar.
MATD net income for the last half-year is −2.03 M GBP, while the previous report showed −1.54 M GBP of net income which accounts for −31.44% change. Track more PETRO MATAD LTD ORD USD0.01 financial stats to get the full picture.
No, MATD 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 ORD USD0.01 technincal analysis shows the neutral 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 ORD USD0.01 stock shows the sell signal. See more of PETRO MATAD LTD ORD USD0.01 technicals for a more comprehensive analysis.
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