Atlantis Resources Ltd (ARL) Given Under Review Rating at Peel Hunt
Atlantis Resources Ltd (LON:ARL)‘s stock had its “under review” rating reaffirmed by analysts at Peel Hunt in a research report issued on Tuesday.
Separately, Macquarie restated an “outperform” rating and set a GBX 41 ($0.53) price objective on shares of Atlantis Resources in a research note on Tuesday.
Shares of Atlantis Resources (LON:ARL) opened at 36.50 on Tuesday. The firm has a 50-day moving average price of GBX 37.10 and a 200-day moving average price of GBX 45.84. Atlantis Resources has a 52-week low of GBX 37.50 and a 52-week high of GBX 84.42. The firm’s market cap is GBX 42.69 million.
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About Atlantis Resources
Atlantis Resources Limited is a vertically integrated turbine supplier and project developer in the tidal power industry. The Company’s segments include Power Generation, and Turbine and Engineering Services. The Company’s Power Generation focuses on the development of the MeyGen tidal energy project.
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