The stock of Obtala Ltd (LON:OBT) is a huge mover today! The stock decreased 2.86% or GBX 0.5 on November 16, hitting GBX 17. About 320,619 shares traded hands. Obtala Ltd (LON:OBT) has risen 174.00% since April 19, 2016 and is uptrending. It has outperformed by 169.31% the S&P500.
The move comes after 7 months positive chart setup for the GBX 47.90M company. It was reported on Nov, 16 by Barchart.com. We have GBX 36.21 PT which if reached, will make LON:OBT worth GBX 54.13M more.
Another recent and important Obtala Ltd (LON:OBT) news was published by Fool.Co.Uk which published an article titled: “Obtala Resources Plc’s Growth Is Only Just Getting Started” on June 30, 2015.
Obtala Limited, formerly Obtala Resources Limited, is engaged in the development of agricultural, food processing and timber projects, the holding of mineral resource licenses, projects and investment in other natural resources exploration and development companies and retail. The company has a market cap of 47.90 million GBP. The Firm operates through four divisions: Exploration and development, Agriculture and forestry, Investing activities and Retail. It currently has negative earnings. The Company’s geographic focus is within sub-Saharan Africa, with its projects operational in Tanzania, Mozambique and Lesotho.
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