Zoltav Resources Inc (ZOL) Given New GBX 55 Price Target at Panmure Gordon

Zoltav Resources Inc (LON:ZOL) had its price objective cut by Panmure Gordon from GBX 65 ($0.85) to GBX 55 ($0.72) in a report published on Monday morning. They currently have a buy rating on the stock.

Zoltav Resources (LON:ZOL) opened at 20.50 on Monday. The firm has a 50-day moving average of GBX 23.21 and a 200-day moving average of GBX 26.61. The stock’s market cap is GBX 29.10 million. Zoltav Resources has a 1-year low of GBX 17.00 and a 1-year high of GBX 47.65.

About Zoltav Resources

Zoltav Resources Inc (Zoltav) is an oil and gas exploration and production company focused on acquiring and developing assets in the Commonwealth of Independent State (CIS). The Company holds the Bortovoy License in the Saratov region of South Western Russia, which is a 3,215-square kilometer area along the northern margin of the Pre-Caspian basin.

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