Blue Gold (NASDAQ:BGL) Rating Lowered to "Sell" at Wall Street Zen

Key Points

• Blue Gold (NASDAQ:BGL) has been downgraded from a "hold" to a "sell" rating by Wall Street Zen, indicating a shift in analyst sentiment.
• The stock recently opened at $10.81 and has experienced significant volatility, with a 52-week low of $9.50 and a high of $166.50.
• Blue Gold Limited focuses on gold mining and is developing assets centered around the historic Bogoso Prestea Mine in Ghana.

Wall Street Zen cut shares of Blue Gold (NASDAQ:BGL - Free Report) from a hold rating to a sell rating in a research note issued to investors on Saturday.

Blue Gold Price Performance

Shares of Blue Gold stock traded down $1.51 during mid-day trading on Friday, hitting $8.14. The stock had a trading volume of 141,551 shares, compared to its average volume of 103,655. Blue Gold has a 12-month low of $7.80 and a 12-month high of $166.50.

About Blue Gold

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.