Altona Energy (ANR) Given Corporate Rating at Northland Securities

Altona Energy (LON:ANR)‘s stock had its “corporate” rating reaffirmed by research analysts at Northland Securities in a report issued on Friday.

Separately, Northland Capital Partners reiterated a “corporate” rating on shares of Altona Energy in a report on Friday, November 3rd.

Altona Energy (LON ANR) traded down GBX 0.05 ($0.00) during midday trading on Friday, reaching GBX 0.43 ($0.01). 126,050,471 shares of the company’s stock traded hands, compared to its average volume of 3,230,000. Altona Energy has a 12 month low of GBX 0.12 ($0.00) and a 12 month high of GBX 0.93 ($0.01).

In related news, insider Nicholas James (Nick) Lyth acquired 4,000,000 shares of Altona Energy stock in a transaction dated Wednesday, November 22nd. The stock was acquired at an average price of GBX 1 ($0.01) per share, for a total transaction of £40,000 ($56,171.89).

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Altona Energy Company Profile

Altona Energy Plc is a United Kingdom-based company, which is engaged in the evaluation and development of the Company’s coal resources in the Arckaringa Basin of South Australia. The Company holds interest in Arckaringa Project, which consists of coal resources of approximately 7.8 billion tons. The Company operates through the segment of evaluation of the Arckaringa coal to chemicals project in South Australia.

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