Coro Energy PLC (CORO)

London
0.280
-0.005(-1.72%)
  • Volume:
    28,714,631
  • Bid/Ask:
    0.280/0.290
  • Day's Range:
    0.280 - 0.280

CORO Overview

Prev. Close
0.29
Day's Range
0.28-0.28
Revenue
-
Open
0.29
52 wk Range
0.22-0.52
EPS
0
Volume
28,714,631
Market Cap
6.16M
Dividend (Yield)
N/A
(N/A)
Average Volume (3m)
16,416,076
P/E Ratio
-
Beta
1.3
1-Year Change
-1.69%
Shares Outstanding
2,124,035,967
Next Earnings Date
-
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Coro Energy PLC Company Profile

Coro Energy PLC Company Profile

Coro Energy Plc, formerly Saffron Energy Plc, is a United Kingdom-based company, which is a producer and explorer of natural gas based in Northern Italy. Its operations include The S. Maddalena gas field, The Bezzecca gas field and The Sillaro field. The S. Maddalena gas field (Sant'Alberto license) is located near the Sillaro field. The Sillaro field is located in the province of Bologna. The Sillaro field contains gas bearing zones in the Pliocene level at a depth of approximately 2,100 meters. The Company owns interest in the Cascino Castello license, where it is developing the Bezzecca oil field. All three areas, Sillaro, Bezzecca and Sant'Alberto are located in the Po Valley region of Northern Italy. The licenses and the application area cover an area of approximately 65.5 square kilometers and combined P2 (Proved and Probable) reserves attributable to the Company. Its Bezzecca 1 well is located approximately seven kilometers from the existing Vitalba gas production plant.

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Technical Summary

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Moving AveragesStrong SellStrong SellStrong SellStrong SellStrong Sell
Technical IndicatorsStrong SellStrong SellStrong SellSellStrong Sell
SummaryStrong SellStrong SellStrong SellStrong SellStrong Sell
  • Wondering about further averaging down - seems like the ‘Green’ will be a slow development and elsewhere first gas mid-2024 unless Sells off the gas asset - bingo
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      • 0.625
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