Altona Energy PLC (LON:ANR) has been reiterated to Corporate in a statement by Northland Capital earlier today.
- Updated: October 18, 2016
Having a price of 0.48GBX, Altona Energy PLC (LON:ANR) traded 26.67% higher on the day. The last stock close price is down -36.10% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. The company has recorded a 50-day moving average of 0.43GBX and a 200-day moving average of 0.74GBX. 918,216 shares of the stock traded hands, down from an average trading volume of 1,249,860
Northland Capital has reiterated Altona Energy PLC (LON:ANR) to Corporate in a statement released on Tuesday October 18, 2016.
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Altona Energy PLC has a 52 week low of 0.21GBX and a 52 week high of 1.39GBX The company’s market cap is currently 0 GBX.
In addition to Northland Capital reporting its stock price target, a total of 1 broker has issued a report on the company. The average stock price target is 54.38GBX with one analyst rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero analysts rating the company a sell.
General Company Details For Altona Energy PLC (LON:ANR)
Altona Energy Plc is a United Kingdom-based company engaged in the evaluation of the development of an integrated Coal to Chemicals plant, supported by an open-cut coal mine at its Arckaringa Project in South Australia. The Company operates through the evaluation of the Arckaringa coal to chemicals project in South Australia segment. The Company explores coal resources of approximately 7.8 billion tons. The Company, through its subsidiary, Arckaringa Energy Pty Ltd, owns interest in approximately three exploration licenses covering approximately 2,500 square kilometers in the northern portion of the Permian Arckaringa Basin in South Australia, including approximately three coal deposits: Westfield (EL4511), Wintinna (EL4512) and Murloocoppie (EL4513). All three deposits lie close to the Adelaide to Darwin railroad and the Stuart Highway. The project is designed to produce syngas products for the Australian market. It has operations in Australia, China and the United Kingdom.
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