Egdon Resources Plc (LON:EDR) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 4.50 ($0.06) and last traded at GBX 4.75 ($0.06), with a volume of 71661 shares changing hands. The stock had previously closed at GBX 4.75 ($0.06).

Separately, VSA Capital reaffirmed a “buy” rating on shares of Egdon Resources in a research report on Tuesday.

The stock has a market capitalization of $12.35 million and a PE ratio of -6.79.

Egdon Resources (LON:EDR) last released its earnings results on Tuesday, April 9th. The company reported GBX (0.28) ($0.00) EPS for the quarter. Analysts forecast that Egdon Resources Plc will post -0.08 earnings per share for the current fiscal year.

WARNING: This report was reported by Watch List News and is the sole property of of Watch List News. If you are viewing this report on another domain, it was illegally copied and reposted in violation of US & international trademark & copyright legislation. The legal version of this report can be accessed at https://www.watchlistnews.com/egdon-resources-edr-hits-new-1-year-low-at-4-50/3031445.html.

About Egdon Resources (LON:EDR)

Egdon Resources plc, together with its subsidiaries, engages in the exploration and production of hydrocarbons in the United Kingdom and France. It holds 44 licenses in the proven oil and gas producing basins. The company was formerly known as New Egdon plc and changed its name to Egdon Resources plc in January 2008.

See Also: How do investors use RSI to grade stocks?

Receive News & Ratings for Egdon Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Egdon Resources and related companies with MarketBeat.com's FREE daily email newsletter.