Egdon Resources (LON:EDR) Given “Buy” Rating at VSA Capital

VSA Capital restated their buy rating on shares of Egdon Resources (LON:EDR) in a research report sent to investors on Monday morning, ThisIsMoney.Co.Uk reports.

Egdon Resources stock opened at GBX 5.15 ($0.07) on Monday. Egdon Resources has a 52-week low of GBX 4 ($0.05) and a 52-week high of GBX 10.25 ($0.13). The stock has a market capitalization of $15.62 million and a price-to-earnings ratio of -7.36. The business’s fifty day simple moving average is GBX 4.67.

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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