Global Petroleum Limited’s (GBP) “Speculative Buy” Rating Reiterated at GMP Securities

Global Petroleum Limited (LON:GBP)‘s stock had its “speculative buy” rating reaffirmed by equities research analysts at GMP Securities in a report issued on Monday, July 24th.

Shares of Global Petroleum Limited (LON:GBP) remained flat at GBX 2.00 during trading on Monday. 64,642 shares of the company were exchanged. The stock’s market capitalization is GBX 4.08 million. The company has a 50 day moving average of GBX 2.05 and a 200 day moving average of GBX 1.84. Global Petroleum Limited has a 12 month low of GBX 1.25 and a 12 month high of GBX 3.20.

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Global Petroleum Limited Company Profile

Global Petroleum Limited is an Australia-based oil and gas, upstream exploration company, which focuses on Africa and the Mediterranean. The principal activities of the Company consist of oil and gas exploration, development and production. The Company’s principal assets are two exploration blocks located offshore Namibia.

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