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Peel Hunt announced Wentworth Resources (LON:WRL), upholding its stock price target at 40.00GBX today

In a report issued Tuesday November 14, 2017 Peel Hunt hold steady the target price of Wentworth Resources (LON:WRL) from 40.00GBX to 40.00GBX indicating a possible upside of 0.42%.

Previously on 11/10/2017, finnCap reported about Wentworth Resources (LON:WRL) held steady the target price at 55.00GBX. At the time, this indicated a possible upside of 0%.

Yesterday Wentworth Resources (LON:WRL) traded 0.00% even at 28.25GBX. The company’s 50-day moving average is 24.74GBX and its 200-day moving average is 23.56GBX. The last stock close price is up 19.92% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 13,504 shares of the stock were exchanged, down from an average trading volume of 24,832

See Chart Below

Wentworth Resources (LON:WRL)

Wentworth Resources has a 52 week low of 20.11GBX and a 52 week high of 34.99GBX The company’s market cap is currently 0 GBX.

General Information About Wentworth Resources (LON:WRL)

Wentworth Resources Limited is an energy company with gas reserves and exploration potential in the Rovuma Basin of southern Tanzania and northern Mozambique. The Company has Rovuma Basin portfolio with producing natural gas reserves and prospective natural gas resources; gas processing and pipeline assets; multiple large-scale gas monetization projects in development, and ongoing exploration evaluation and development drilling programs. The Rovuma Onshore Block in northern Mozambique is onshore and forms part of the Rovuma Basin. Its principal assets are the Mnazi Bay Concession in Tanzania and the Rovuma Onshore Block in Mozambique. Its gas monetization projects include New Mtwara 400 megawatts (MW) Gas-Fired Power Plant and Mnazi Bay Petrochemicals Project. It has participation interest in Mnazi Bay License, which includes a surface area of over 760 square kilometers. Its wells in Mnazi Bay Concession include MS-1X, MB-2, MB-3, MB-4 and MB-1.

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