W Resources PLC 83.3% Potential Upside Indicated by Northland Capital

W Resources PLC using EPIC/TICKER code LON:WRES had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ by analysts at Northland Capital. W Resources PLC are listed in the Oil & Gas sector within AIM. Northland Capital has set a target price of 1.1 GBX on its stock. This indicates the analyst now believes there is a potential upside of 83.3% from today’s opening price of 0.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 0.000769200000000025 points and decreased 0.04 points respectively.

W Resources PLC LON: WRES has a 50 day moving average of .59 GBX and the 200 Day Moving Average price is recorded at .50 GBX. The 52 week high for the stock is 0.88 GBX while the year low share price is currently 0.21 GBX. There are currently 3,663,155,000 shares in issue with the average daily volume traded being 14,294,303. Market capitalisation for LON:WRES is £21,466,454 GBP.

W Resources PLC is engaged in the tungsten production, exploration and development through its 100% subsidiaries Iberian Resources Spain SL and Australian Iron Ore Plc. The Company has a portfolio, including the La Parrilla tungsten mine and tailings project in the Southwest of Spain. The La Parrilla Project area is situated in the Extremadura region of southwest Spain, in the Provinces of Caceres-Badajoz, approximately 310 kilometers southwest of Madrid and approximately 240 kilometers north of the city of Seville.

• < Prev
• Next >