Shares of Egdon Resources Plc (LON:EDR) hit a new 52-week low on Wednesday . The company traded as low as GBX 5.80 ($0.08) and last traded at GBX 5.90 ($0.08), with a volume of 19922 shares traded. The stock had previously closed at GBX 6 ($0.08).
Separately, VSA Capital reaffirmed a “buy” rating and issued a GBX 48.50 ($0.67) price target on shares of Egdon Resources in a research note on Thursday, February 22nd.
The stock has a market capitalization of $11.88 and a P/E ratio of -590.00.
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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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