Independent Oil & Gas (LON:IOG) Earns Corporate Rating from FinnCap

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Independent Oil & Gas (LON:IOG)‘s stock had its “corporate” rating restated by equities researchers at FinnCap in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.

Separately, Peel Hunt reissued a “buy” rating on shares of Independent Oil & Gas in a research report on Wednesday, August 7th.

LON:IOG opened at GBX 19.75 ($0.26) on Tuesday. The firm has a market cap of $67.29 million and a P/E ratio of -4.29. The firm’s 50 day moving average price is GBX 16.62. Independent Oil & Gas has a fifty-two week low of GBX 10 ($0.13) and a fifty-two week high of GBX 33.61 ($0.44).

About Independent Oil & Gas

Independent Oil and Gas plc explores for and develops oil and gas properties in the North Sea, the United Kingdom. It primarily focuses on the development of hydrocarbon reserves, as well as the acquisition, trading, and monetization of its license interests. The company 100% working interests in the Blythe gas field in the southern North Sea; the Skipper license located to the south east of the Shetlands in the northern North Sea; and the Nailsworth, Elland, and Southwark fields in the southern North Sea.

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