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Stock analysts at Northland Securities assumed coverage on shares of W Resources PLC (LON:WRES) in a report issued on Thursday. The firm set a “buy” rating and a GBX 2.20 ($0.04) price target on the stock. Northland Securities’ price objective indicates a potential upside of 172.61% from the stock’s previous close.

W Resources PLC (LON:WRES) traded down 0.94% during mid-day trading on Thursday, hitting GBX 0.8073. The stock had a trading volume of 6,435,978 shares. W Resources PLC has a 52-week low of GBX 0.77 and a 52-week high of GBX 1.05. The stock’s 50-day moving average is GBX 0.86 and its 200-day moving average is GBX 0.86.

WRES has been the subject of a number of other recent research reports. Analysts at Beaufort Securities reiterated a “speculative buy” rating on shares of W Resources PLC in a research note on Tuesday.

W Resources Plc, formerly Caspian Holdings PLC, is a holding company. The Company is a tungsten exploration and development company.

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