Zacks Investment Research reissued their buy rating on shares of Wentworth Resource (OTCMKTS:WENTF) in a report released on Saturday, January 13th. They currently have a $0.50 target price on the stock.
According to Zacks, “Wentworth Resources Ltd. is an oil & gas company with: natural gas production; exploration and appraisal opportunities; large-scale gas monetisation initiatives primarily in the Rovuma Delta Basin of coastal southern Tanzania and northern Mozambique. Wentworth Resources Ltd. is headquartered in Calgary, Canada. “
Shares of Wentworth Resource (OTCMKTS WENTF) traded up $0.02 during midday trading on Friday, reaching $0.35. The company’s stock had a trading volume of 400 shares, compared to its average volume of 8,700. Wentworth Resource has a 52-week low of $0.26 and a 52-week high of $0.43.
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