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Beaufort Securities reiterated Solo Oil PLC (LON:SOLO) to Speculative Buy in a report released today.

Beaufort Securities has reiterated Solo Oil PLC (LON:SOLO) to Speculative Buy in a report released on 11/14/2017.

Yesterday Solo Oil PLC (LON:SOLO) traded 1.00% higher at 4.88GBX. The company’s 50-day moving average is 5.58GBX and its 200-day moving average is 6.30GBX. The last stock close price is down -19.90% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 487,590 shares of the stock were exchanged, down from an average trading volume of 2,082,460

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Solo Oil PLC has a 52 week low of 4.00GBX and a 52 week high of 18.00GBX The company’s market cap is currently 0 GBX.

About Solo Oil PLC (LON:SOLO)

Solo Oil Plc is an oil and gas investment company. The principal activity of the Company is to acquire a portfolio of direct and indirect interests in exploration, development and production oil and gas assets, which are based in the Americas, Europe or Africa. The Company holds approximately 25% interest in the Ruvuma Petroleum Sharing Agreement in the south-east of Tanzania covering an area of approximately 3,447 square kilometers of which over 90% lies onshore and the balance offshore. It holds interest in the Kiliwani North Development License (KNDL) on Songo Songo Island. The Company holds interest in Horse Hill Developments Limited, which holds approximately 65% interest in two Petroleum Exploration and Development Licenses, PEDL 137 and 246, in the northern Weald Basin between Gatwick Airport and London. The PEDL 137 license covers approximately 99.29 square kilometers to the north of Gatwick Airport in Surrey. PEDL 246 covers an area of over 43.58 square kilometers.

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