Edenville Energy (EDL) Shares Up 13.8%

Edenville Energy (LON:EDL)’s share price shot up 13.8% during mid-day trading on Tuesday . The company traded as high as GBX 0.55 ($0.01) and last traded at GBX 0.54 ($0.01). 14,423,085 shares were traded during mid-day trading, a decline of 35% from the average session volume of 22,250,000 shares. The stock had previously closed at GBX 0.47 ($0.01).

Separately, Northland Securities restated a “corporate” rating on shares of Edenville Energy in a research note on Tuesday, February 27th.

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About Edenville Energy

Edenville Energy Plc engages in the exploration, development, and mining of energy commodities, primarily coal in Africa. It principal project is the Rukwa project located in Tanzania. The company was incorporated in 2004 and is based in London, the United Kingdom.

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