Molori Energy, Inc. (OTCQB: MOLOF) operates as an oil & gas company. Shares of the energy company are climbing 29.75%, through afternoon trading. Over the past month, the oil & gas company has seen average daily volume of 31,520 shares. However, volume of 70,070 shares or dollar volume of $18,183, has already exchanged hands on the day.
Shares of Molori Energy, Inc. are rallying on Monday, after the company released quarterly earnings results from three-period ending April 30, 2017. During the fiscal quarter, the company reported total revenue of CAD350,177 and a net loss of CAD752,220. Aside from the earnings report, the stock also was approved to uplist to the OTCQB Venture Exchange. Here is the statement of cash flows from the reported quarter:
Molori Energy, Inc. Quarterly Earnings:
Read the full quarterly report here: http://www.otcmarkets.com/financialReportViewer?symbol=MOLOF&id=175754
Read about OTCQB Uplist here: http://www.otcmarkets.com/financialReportViewer?symbol=MOLOF&id=175757