Egdon Resources Plc (LON:EDR) hit a new 52-week low during trading on Friday . The company traded as low as GBX 6.53 ($0.09) and last traded at GBX 6.95 ($0.09), with a volume of 1303321 shares changing hands. The stock had previously closed at GBX 8.15 ($0.11).
Separately, VSA Capital reiterated a “buy” rating and issued a GBX 48.80 ($0.65) target price on shares of Egdon Resources in a research report on Tuesday, November 21st.
The company has a market capitalization of $18.37 and a PE ratio of -695.00.
Egdon Resources Company Profile
Egdon Resources plc is a United Kingdom-based company, which is engaged in onshore oil and gas exploration and production business with over 40 licenses in oil and gas producing basins. The principal activity of the Company is exploration and production of hydrocarbons in the United Kingdom and France.
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