Chariot Oil & Gas’ (CHAR) Add Rating Reiterated at Peel Hunt
Chariot Oil & Gas (LON:CHAR)‘s stock had its “add” rating restated by investment analysts at Peel Hunt in a report released on Tuesday, ThisIsMoney.Co.Uk reports.
Separately, FinnCap reaffirmed a “corporate” rating on shares of Chariot Oil & Gas in a research note on Thursday, April 9th.
Shares of LON:CHAR opened at GBX 1.76 ($0.02) on Tuesday. Chariot Oil & Gas has a 12 month low of GBX 1.26 ($0.02) and a 12 month high of GBX 5.28 ($0.07). The company’s 50-day moving average price is GBX 1.77 and its two-hundred day moving average price is GBX 2.86. The company has a quick ratio of 7.14, a current ratio of 7.42 and a debt-to-equity ratio of 1.48. The firm has a market cap of $6.47 million and a P/E ratio of -0.44.
Chariot Oil & Gas Limited is an oil and gas exploration company. The Company has two reportable segments: exploration for oil and gas, and corporate costs. The Company has interests in approximately two licenses offshore Morocco; Rabat Deep (approximately 50% (operator), 25% Woodside, 25% Office National des Hydrocarbures et des Mines (ONHYM) (carried interest), and Mohammedia (approximately 75% Chariot (operator), 25% ONHYM (carried interest)).
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