Baron Oil (BOIL) Shares Down 11.1%

Baron Oil PLC (LON:BOIL) was down 11.1% on Wednesday . The stock traded as low as GBX 0.12 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 636,107 shares traded hands during trading, a decline of 89% from the average daily volume of 5,680,000 shares. The stock had previously closed at GBX 0.14 ($0.00).

The company has a market capitalization of $1.65 million and a PE ratio of -1.20.

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About Baron Oil (LON:BOIL)

Baron Oil Plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves, and other related activities. It has an option to acquire a 15% working interest in the Wick prospect; and a 5% working interest in P1918 offshore license, which consists of the Colter prospect, as well as a 5% working interest in 330 and 345 onshore licenses located in the United Kingdom.

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