Blue Gold (NASDAQ:BGL) Given "Sell (D)" Rating at Weiss Ratings

Key Points

• Weiss Ratings has reiterated a "Sell (D)" rating for Blue Gold (NASDAQ:BGL), indicating a negative outlook on the stock.
• Wall Street Zen downgraded Blue Gold from a "hold" to a "sell" rating, contributing to the stock's current average rating of "Sell".
• Blue Gold’s stock price recently increased by 7.5%, reaching $11.56, though it has a twelve-month low of $7.00 and a high of $166.50.

Blue Gold (NASDAQ:BGL - Get Free Report)'s stock had its "sell (d)" rating reiterated by stock analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen lowered Blue Gold from a "hold" rating to a "sell" rating in a research note on Saturday, August 30th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of "Sell".

Blue Gold Trading Up 7.5%

BGL traded up $0.81 during trading on Wednesday, hitting $11.56. The company's stock had a trading volume of 167,269 shares, compared to its average volume of 210,466. Blue Gold has a twelve month low of $7.00 and a twelve month high of $166.50.

Blue Gold Company Profile

Blue Gold Limited is a gold mining company developing a portfolio of assets anchored by the historic Bogoso Prestea Mine in the Ashanti region of Ghana. Blue Gold Limited, formerly known as Perception Capital Corp. IV, is based in NEW YORK.

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