Challenger Energy Group PLC (LON:CEG – Get Free Report)’s stock price traded up 0.1% during trading on Wednesday . The stock traded as high as GBX 12.50 ($0.17) and last traded at GBX 11.01 ($0.15). 1,376,170 shares traded hands during mid-day trading, an increase of 117% from the average session volume of 634,336 shares. The stock had previously closed at GBX 11 ($0.15).
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated a “no recommendation” rating on shares of Challenger Energy Group in a report on Tuesday, September 9th.
Check Out Our Latest Report on CEG
Challenger Energy Group Stock Up 8.5%
Challenger Energy Group Company Profile
Challenger Energy focuses on high impact, globally material assets. Its flagship assets are in Uruguay, a new global exploration hotspot, where they have assets with multiple billion-barrel prospects. The Company holds two high impact offshore exploration licences (AREA OFF-1 and AREA OFF-3), totalling 19,000km2 (gross), making it one of the largest acreage holder offshore Uruguay, and is the only junior with a position in this exciting new exploration province.
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