Emerald Bay Energy Inc. (CVE:EBY)’s share price shot up 50% during trading on Friday . The company traded as high as C$0.02 and last traded at C$0.02. 596,000 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 2,288,699 shares. The stock had previously closed at C$0.01.

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Emerald Bay Energy Company Profile (CVE:EBY)

Emerald Bay Energy Inc engages in the acquisition, exploration, and development of petroleum and natural gas properties in Central Alberta and southwest Texas. It holds 50% working interests in the Wooden Horse and Nash Creek projects located in Guadeloupe, Texas. The company was incorporated in 1997 and is headquartered in Calgary, Canada.

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