Dakota Financial News
FinnCap reaffirmed their corporate rating on shares of Chariot Oil & Gas Limited (LON:CHAR) in a research report sent to investors on Wednesday morning, MarketBeat Ratings reports. The firm currently has a GBX 46 ($0.70) target price on the stock.
Chariot Oil & Gas Limited (LON:CHAR) opened at 7.10 on Wednesday. Chariot Oil & Gas Limited has a 12-month low of GBX 6.19 and a 12-month high of GBX 13.75. The stock’s market cap is GBX 18.62 million. The firm’s 50 day moving average price is GBX 7.25 and its 200-day moving average price is GBX 8.67.
Other research analysts have also issued research reports about the company. Jefferies Group lowered their price target on shares of Chariot Oil & Gas Limited from GBX 13 ($0.20) to GBX 10 ($0.15) and set a buy rating for the company in a report on Friday, September 11th. Beaufort Securities reissued a hold rating on shares of Chariot Oil & Gas Limited in a research note on Thursday, September 24th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of Buy and an average target price of GBX 18.77 ($0.29).
In other news, insider George F. Canjar acquired 75,060 shares of the firm’s stock in a transaction on Tuesday, July 21st. The stock was acquired at an average price of GBX 9 ($0.14) per share, for a total transaction of £6,755.40 ($10,349.93). Also, insider William Trojan acquired 74,820 shares of the firm’s stock in a transaction on Monday, July 20th. The stock was purchased at an average price of GBX 9 ($0.14) per share, with a total value of £6,733.80 ($10,316.84).
Chariot Oil and Gas Limited is an Australia-based gas and oil exploration company. The Business is focused on creating transformational stakeholder value through the discovery of material accumulations of hydrocarbons. It holds three licenses (LON:CHAR) in international Morocco; one permit (C-19) in offshore Mauritania; four licenses (BAR M 292, PUB-M 293, BAR-M 313 and BAR-M314) in foreign Brazil, and three permits (0071, 0072 and 006) covering four blocks in international Namibia. The Company’s subsidiary companies include Chariot Oil & Gas Investments (Namibia) Limited, Chariot Oil & Gas Investments (Mauritania) Limited, Chariot Oil & Gas Investments (Morocco) Limited, Chariot Oil & Gas Statistics Limited, Chariot Oil & Gas Investments (Brazil) Limited, Enigma Oil & Gas Exploration (Proprietary) Limited and Chariot Petroleum & Gas Financing (Brazil) Limited.
