W Resources (WRES) Receives “Buy” Rating from Northland Securities

Northland Securities reiterated their buy rating on shares of W Resources (LON:WRES) in a research note released on Thursday.

WRES stock traded up GBX 0.04 ($0.00) during trading on Thursday, hitting GBX 0.48 ($0.01). 12,712,706 shares of the stock traded hands, compared to its average volume of 26,920,000. W Resources has a one year low of GBX 0.25 ($0.00) and a one year high of GBX 0.72 ($0.01).

In related news, insider Michael Masterman sold 5,000,000 shares of W Resources stock in a transaction dated Thursday, August 2nd. The shares were sold at an average price of GBX 48 ($0.63), for a total transaction of £2,400,000 ($3,126,221.18).

W Resources Company Profile

W Resources Plc engages in the exploration and development of tungsten, tin, copper, and gold properties. Its flagship project is the La Parrilla tungsten project located in Spain. The company was formerly known as Caspian Holdings Plc and changed its name to W Resources Plc in July 2012. W Resources Plc was incorporated in 2004 and is based in London, the United Kingdom.

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