Solo Oil PLC’s (SOLO) “house stock” Rating Reaffirmed at Shore Capital

Solo Oil PLC (LON:SOLO)‘s stock had its “house stock” rating reissued by analysts at Shore Capital in a research note issued to investors on Thursday, May 11th.

Separately, Beaufort Securities restated a “speculative buy” rating on shares of Solo Oil PLC in a research report on Monday, February 6th.

Shares of Solo Oil PLC (LON SOLO) opened at 0.315 on Thursday. The stock’s market cap is GBX 18.21 million. Solo Oil PLC has a 1-year low of GBX 0.19 and a 1-year high of GBX 0.89. The stock’s 50 day moving average price is GBX 0.35 and its 200 day moving average price is GBX 0.43.

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About Solo Oil PLC

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.

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