Egdon Resources’ (EDR) “Buy” Rating Reaffirmed at VSA Capital

VSA Capital reiterated their buy rating on shares of Egdon Resources (LON:EDR) in a report released on Thursday morning, ThisIsMoney.Co.Uk reports.

LON:EDR opened at GBX 5 ($0.07) on Thursday. The firm has a market cap of $15.17 million and a PE ratio of -7.14. Egdon Resources has a fifty-two week low of GBX 4 ($0.05) and a fifty-two week high of GBX 9.40 ($0.12). The business has a 50 day moving average price of GBX 4.91 and a 200-day moving average price of GBX 5.37.

Egdon Resources Company Profile

Egdon Resources plc, together with its subsidiaries, engages in the exploration and production of hydrocarbons in the United Kingdom and France. It holds 44 licenses in the proven oil and gas producing basins. The company was formerly known as New Egdon plc and changed its name to Egdon Resources plc in January 2008.

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