President Energy’s (PPC) Buy Rating Reaffirmed at Peel Hunt

Peel Hunt reiterated their buy rating on shares of President Energy (LON:PPC) in a research note published on Monday.

Separately, FinnCap reiterated a corporate rating on shares of President Energy in a research note on Thursday, February 22nd.

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LON:PPC opened at GBX 9.45 ($0.13) on Monday. President Energy has a 52-week low of GBX 5.75 ($0.08) and a 52-week high of GBX 12.50 ($0.17).

In related news, insider Jorge Dario Bongiovanni acquired 81,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 6th. The shares were bought at an average cost of GBX 9 ($0.12) per share, for a total transaction of 拢7,290 ($9,705.76).

About President Energy

President Energy PLC engages in the exploration, evaluation, and production of oil and gas properties primarily in South America. The company holds interests in the Pirity and Hernandarias concessions in Paraguay; and the CNO-8 Puesto Guardian, and Matorras and Ocultar licenses in Argentina. It also holds interests in two producing oil and gas fields in Louisiana.

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