Egdon Resources (LON:EDR) Earns “Buy” Rating from VSA Capital

Share on StockTwits

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

Egdon Resources stock opened at GBX 5.10 ($0.07) on Tuesday. Egdon Resources has a 12 month low of GBX 4 ($0.05) and a 12 month high of GBX 9.40 ($0.12). The stock’s 50 day simple moving average is GBX 4.79 and its two-hundred day simple moving average is GBX 5.68. The firm has a market cap of $15.47 million and a PE ratio of -7.29.

About Egdon Resources

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.

See Also: How mutual funds make money

Receive News & Ratings for Egdon Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Egdon Resources and related companies with MarketBeat.com's FREE daily email newsletter.