Egdon Resources (LON:EDR) Stock Rating Reaffirmed by VSA Capital

VSA Capital reiterated their buy rating on shares of Egdon Resources (LON:EDR) in a research note published on Monday morning, ThisIsMoney.Co.Uk reports.

EDR stock opened at GBX 4.38 ($0.06) on Monday. The company has a 50-day moving average price of GBX 4.68. Egdon Resources has a 12-month low of GBX 4 ($0.05) and a 12-month high of GBX 11.08 ($0.14). The stock has a market capitalization of $13.27 million and a PE ratio of -6.25.

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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