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Amedeo Resources PLC (LON:AMED)‘s stock had its “speculative buy” rating reiterated by Beaufort Securities in a research note issued on Thursday, Analyst Ratings Network.com reports.

Separately, analysts at Daniel Stewart & Co initiated coverage on shares of Amedeo Resources PLC in a research note to investors on Thursday, January 30th. They set a “buy” rating and a GBX 2 ($0.03) price target on the stock.

Shares of Amedeo Resources PLC (LON:AMED) traded down 7.94% on Thursday, hitting GBX 1.45. 41,087,736 shares of the company’s stock traded hands. Amedeo Resources PLC has a one year low of GBX 0.40 and a one year high of GBX 0.75. The stock has a 50-day moving average of GBX 0.50 and a 200-day moving average of GBX 0.53.

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