Solo Oil Plc (SOLO) Given “Speculative Buy” Rating at Beaufort Securities

Solo Oil Plc (LON:SOLO)‘s stock had its “speculative buy” rating restated by equities research analysts at Beaufort Securities in a report issued on Monday, November 6th.

Shares of Solo Oil (LON SOLO) remained flat at $GBX 4.50 ($0.06) during trading on Monday. Solo Oil has a 12-month low of GBX 4.25 ($0.06) and a 12-month high of GBX 17.84 ($0.23).

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About Solo Oil

Solo Oil Plc is an oil and gas investment company. The principal activity of the Company is to acquire a portfolio of direct and indirect interests in exploration, development and production oil and gas assets, which are based in the Americas, Europe or Africa. The Company holds approximately 25% interest in the Ruvuma Petroleum Sharing Agreement in the south-east of Tanzania covering an area of approximately 3,447 square kilometers of which over 90% lies onshore and the balance offshore.

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