Columbus Energy Resources PLC (LON:LGO)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 7.18 ($0.09) and last traded at GBX 7.18 ($0.09), with a volume of 5,878,312 shares trading hands. The stock had previously closed at GBX 3.12 ($0.04).
Separately, VSA Capital reissued a “buy” rating and set a GBX 22 ($0.29) price objective on shares of Columbus Energy Resources PLC in a report on Monday, September 11th.
The stock’s 50-day moving average is GBX 2.36 and its 200 day moving average is GBX 2.40.
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Columbus Energy Resources PLC Company Profile
Columbus Energy Resources plc, formerly LGO Energy plc, is an oil and gas exploration, development and production company. The Company has assets in Spain and Trinidad. The Company’s geographic segments include Spain, USA, Trinidad & Tobago, St. Lucia, Cyprus and UK. In Trinidad and Tobago, the Company, through various subsidiaries, holds interests in approximately three producing fields, such as Goudron, Icacos and Bonasse.
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