Shares of Blue Gold Limited (NASDAQ:BGL - Get Free Report) traded down 9.5% during trading on Friday . The company traded as low as $9.05 and last traded at $9.06. 92,048 shares were traded during trading, a decline of 29% from the average session volume of 129,866 shares. The stock had previously closed at $10.01.
Wall Street Analyst Weigh In
A number of analysts have recently commented on the company. Wall Street Zen lowered Blue Gold from a "hold" rating to a "sell" rating in a research note on Saturday, August 30th. Weiss Ratings reissued a "sell (d)" rating on shares of Blue Gold in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of "Sell".
Check Out Our Latest Stock Analysis on BGL
Blue Gold Price Performance
The company has a 50-day moving average price of $9.80.
Blue Gold Company Profile
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Blue Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Blue Gold wasn't on the list.
While Blue Gold currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
