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A statement released today by Panmure Gordon about Zoltav Resources (LON:ZOL) drops the target price to 55.00GBX

Zoltav Resources (LON:ZOL) had its stock price target reduced to 55.00GBX by Panmure Gordon in an issued report issued Monday September 26, 2016. The updated stock price target indicates a potential upside of 0.75% from the company's most recent close.

On 4/22/2016, Panmure Gordon released a statement on Zoltav Resources (LON:ZOL) upped the target price from 0.00GBX to 65.00GBX that suggested an upside of 0.69%.

Having a price of 31.50GBX, Zoltav Resources (LON:ZOL) traded 31.51% higher on the day. With the last close up 20.29% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Zoltav Resources has recorded a 50-day average of 22.97GBX and a two hundred day average of 26.78GBX. Volume of trade was up over the average, with 28,684 shares of ZOL changing hands over the typical 8,273

Recent Performance Chart

Zoltav Resources (LON:ZOL)

Zoltav Resources has 52 week low of 17.00GBX and a 52 week high of 47.77GBX and has a market capitalization of 0 GBX.

A total of 1 equity analyst has released a report on Zoltav Resources. zero brokerages rating the stock a strong buy, 1 firm rating the stock a buy, 0 brokers rating the stock a hold, zero equity analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of 0.92GBX.

General Information About Zoltav Resources (LON:ZOL)

Zoltav Resources Inc. (Zoltav) is an oil and gas exploration and production company. The principal activities of the Company are the acquisition, exploration and development of hydrocarbon assets and production of hydrocarbons in the Russian Federation. The Company is focused on acquiring and developing assets in the Commonwealth of Independent State (CIS). The Company holds the Bortovoy License in the Saratov region of South Western Russia, which has approximately 3,210 square kilometers area along the northern margin of the Pre-Caspian basin. Zoltav also holds the Koltogor Exploration and Production License, which has approximately 530 square kilometers area in the Khantiy-Mansisk Autonomous Okrug of Western Siberia. In addition, Zoltav holds Koltogor Exploration License 10, which has approximately 170 square kilometers area due west of the Koltogor Exploration and Production License, on which Zoltav is engaged in an exploration and appraisal program.

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