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Forte Energy NL (LON:FTE)‘s stock had its “corporate” rating restated by stock analysts at FinnCap in a report issued on Friday, StockRatingsNetwork.com reports.

Shares of Forte Energy NL (LON:FTE) traded up 2.78% on Friday, hitting GBX 0.37. 4,506,685 shares of the company’s stock traded hands. Forte Energy NL has a 52 week low of GBX 0.29 and a 52 week high of GBX 1.23. The stock has a 50-day moving average of GBX 0.39 and a 200-day moving average of GBX 0.36.

A number of other analysts have also recently weighed in on FTE. Analysts at Beaufort Securities downgraded shares of Forte Energy NL to a “hold” rating in a research note on Monday, April 7th.

Forte Energy NL is engaged in exploration of minerals. The Company’s segment includes Mineral exploration in Mauritania and Mineral exploration in Guinea.

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