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The Chariot Oil & Gas Limited (LON: CHAR) shares rose 18.2% in mid-day on Thursday. Up to 10 GBX ($ 0.13) and last traded to GBX 10 (US $ 0.13) Approximately 6,558,949 shares changed hands during trading, an increase of 147% over average daily volume of 2,660,000 shares. FinnCap reiterated a corporate rating and set a GBX 27 target price ($ 0.36) on Chariot Oil & Gas shares in a research report on Monday and April.
CHAR has been the subject of several reports by recent analysts. 30. Peel Hunt lowered Chariot Oil & Gas to an "add" rating and lowered its target price for the company from GBX 20 ($ 0.26) to GBX 12 ($ 0.16) in a research report on Tuesday May 1st.
Oil & Gas
Oil & Gas Forklift Limited is an oil and gas exploration company segments portable: oil and gas exploration, and business costs. The Company holds interests in approximately two licenses off Morocco; Deep Rabat (about 50% (operator), 25% Woodside, 25% National Office of Hydrocarbons and Mines (ONHYM) (interest paid), and Mohammedia (about 75% Chariot (operator), 25% ONHYM (interest))
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