Wentworth Resources Ltd’s Stock Is Buy After Today’s Huge Increase

 Wentworth Resources Ltd's Stock Is Buy After Today's Huge Increase

The stock of Wentworth Resources Ltd (LON:WRL) is a huge mover today! The stock decreased 2.09% or GBX 0.45 on November 22, hitting GBX 21.05. About 130,258 shares traded hands. Wentworth Resources Ltd (LON:WRL) has declined 35.82% since April 22, 2016 and is downtrending. It has underperformed by 40.38% the S&P500.
The move comes after 5 months positive chart setup for the GBX company. It was reported on Nov, 22 by Barchart.com. We have GBX 22.94 PT which if reached, will make LON:WRL worth GBX more.

Wentworth Resources Ltd (LON:WRL) Ratings Coverage

Out of 5 analysts covering Wentworth Resources (LON:WRL), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Wentworth Resources has been the topic of 30 analyst reports since August 13, 2015 according to StockzIntelligence Inc. The stock of Wentworth Resources Ltd (LON:WRL) earned “Buy” rating by Cantor Fitzgerald on Wednesday, November 4. FinnCap maintained it with “Buy” rating and GBX 63 target price in Tuesday, January 26 report. As per Wednesday, January 13, the company rating was maintained by FinnCap. The stock of Wentworth Resources Ltd (LON:WRL) earned “Buy” rating by Cantor Fitzgerald on Tuesday, August 16. The stock of Wentworth Resources Ltd (LON:WRL) has “Buy” rating given on Thursday, May 12 by FinnCap. The company was maintained on Friday, August 21 by FinnCap. The rating was maintained by Panmure Gordon with “Buy” on Monday, December 7. Cantor Fitzgerald maintained it with “Buy” rating and GBX 57 target price in Thursday, November 19 report. The firm has “Buy” rating by FinnCap given on Thursday, March 3. The company was maintained on Thursday, August 13 by Cantor Fitzgerald.

More news for Wentworth Resources Ltd (LON:WRL) were recently published by: Globenewswire.com, which released: “Wentworth Resources Limited : Director/PDMR Shareholding” on November 21, 2016. Globenewswire.com‘s article titled: “Wentworth Resources Limited : Q3 2016 Financial Statements and MD&A” and published on November 15, 2016 is yet another important article.

Wentworth Resources Limited is an energy firm with gas reserves and exploration potential in the Rovuma Basin of southern Tanzania and northern Mozambique. The company has a market cap of GBP. The Firm has Rovuma Basin portfolio with producing natural gas reserves and prospective natural gas resources; gas processing and pipeline assets; multiple large-scale gas monetization projects in development, and ongoing exploration evaluation and development drilling programs. It currently has negative earnings. The Rovuma Onshore Block in northern Mozambique is onshore and forms part of the Rovuma Basin.

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