Manas Petroleum is an international oil and gas exploration company with its primary focus on Eastern Europe and Central Asia. The company’s main objective is to maximize potential growth while significantly reducing financial costs and risk.
Manas Petroleum was profiled by StockWire at $3.60 in the third week of April and has since then risen to $5.50 for a 52.7% gain. The website believes the breakout can be credited to technical analysis and that the stock could close near the $6 level in the next few weeks.
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