FinnCap Reaffirms “Corporate” Rating for President Energy (PPC)
FinnCap reissued their corporate rating on shares of President Energy (LON:PPC) in a research report released on Thursday, ThisIsMoney.Co.Uk reports.
Separately, Peel Hunt reiterated a buy rating on shares of President Energy in a research report on Thursday, January 31st.
LON:PPC opened at GBX 8.25 ($0.11) on Thursday. President Energy has a 1-year low of GBX 6.50 ($0.08) and a 1-year high of GBX 10.35 ($0.14). The company has a debt-to-equity ratio of 14.95, a quick ratio of 0.61 and a current ratio of 0.62. The firm has a market capitalization of $92.94 million and a P/E ratio of -11.79.
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 located in the Pirity Sub-Basin in Paraguay; the CNO-8 Puesto Guardian, and Matorras and Ocultar licenses in Argentina; and the Las Bases and Puesto Prado Concessions in Rio Negro Province, Argentina.
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