Wentworth Resources (LON:WEN) Rating Reiterated by Peel Hunt

Peel Hunt reiterated their buy rating on shares of Wentworth Resources (LON:WEN) in a research note published on Wednesday, ThisIsMoney.Co.Uk reports.

LON WEN traded up GBX 0.50 ($0.01) during trading hours on Wednesday, reaching GBX 17.50 ($0.23). The company’s stock had a trading volume of 322,000 shares. The stock has a market cap of $32.64 million and a PE ratio of -0.47. Wentworth Resources has a fifty-two week low of GBX 17.16 ($0.22) and a fifty-two week high of GBX 24 ($0.31). The company’s 50-day moving average is GBX 19.52 and its two-hundred day moving average is GBX 20.10. The company has a debt-to-equity ratio of 7.34, a quick ratio of 2.08 and a current ratio of 2.10.

Wentworth Resources Company Profile

Wentworth Resources plc, an independent oil and gas company, engages in the exploration, development, production, and transportation of natural gas and other hydrocarbons. Its principal assets include the Rovuma onshore block covering an area of approximately 2,500 square kilometers located in northern Mozambique; and the Mnazi Bay concession covering an area of approximately 756 square kilometers situated in south-eastern Tanzania.

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