Aminex plc (LON:AEX)‘s stock had its “house stock” rating restated by equities research analysts at Shore Capital in a research note issued on Monday, Marketbeat reports.

Shares of Aminex plc (LON:AEX) traded down 12.90% during trading on Monday, hitting GBX 1.35. The stock had a trading volume of 11,931,312 shares. Aminex plc has a one year low of GBX 1.21 and a one year high of GBX 2.49. The stock’s 50-day moving average price is GBX 1.51 and its 200 day moving average price is GBX 1.85. The stock’s market cap is GBX 25.51 million.

Aminex PLC is a United Kingdom-based company, which is engaged in exploration for and the development and production of oil and gas reserves. The Company’s operating segments include Producing Oil and Gas Properties, Exploration Activities and Oilfield Services and Supplies. The Company operates in Tanzania, Egypt and Moldova. In Tanzania, the Company operates through its wholly owned subsidiary Ndovu Resources Limited (LON:AEX), which has a 58.5% working interest and is the operator of Kiliwani North Development license. Its other operations in Tanzania include Ruvuma Exploration License and Nyuni Exploration License. At the West Esh el Mallaha-2 (WEEM-2) concession in Egypt, the Company holds a free-carried 10% interest through a shareholding in Aminex Petroleum Egypt Limited. The Company has an interest under the terms of a partnership agreement with Valiexchimp SRL, the concession-holder of two licenses for the Valeni and Victorovca oil and gas fields in the Republic of Moldova.

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