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(Baseballnewssource.com) Ortac Resources Ltd (OTC) Earns “Speculative Buy” Rating from Beaufort Securities

Posted by: Biniam Tekle

Date: Thursday, 11 May 2017


Ortac Resources Ltd (OTC) Earns “Speculative Buy” Rating from Beaufort Securities

Ortac Resources Ltd (LON:OTC)‘s stock had its “speculative buy” rating restated by analysts at Beaufort Securities in a report issued on Friday, April 21st.

Ortac Resources (LON:OTC) traded down 4.167% on Friday, hitting GBX 2.875. The company had a trading volume of 1,173,131 shares. The stock has a 50 day moving average of GBX 3.50 and a 200-day moving average of GBX 1.10. The stock’s market capitalization is GBX 2.07 million. Ortac Resources has a one year low of GBX 2.10 and a one year high of GBX 4.95.

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In other news, insider Nick von Schirnding bought 260,000 shares of Ortac Resources stock in a transaction on Monday, March 27th. The shares were purchased at an average price of GBX 4 ($0.05) per share, for a total transaction of £10,400 ($13,450.59).

Ortac Resources Company Profile

Ortac Resources Limited is an exploration and development company focused on natural resource projects. The Company is engaged in the identification, evaluation, acquisition and development of natural resource projects. The Company’s segments include the United Kingdom/British Virgin Islands (UK/BVI), Slovakia, Eritrea, Zambia and Democratic Republic of the Congo (DRC).

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