Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Rockhopper Exploration ( (GB:RKH) ) has issued an update.
Rockhopper Exploration has published and posted to eligible shareholders the circular for its previously announced open offer, following the recent financial close on the Sea Lion project and completion of a placing. The circular, which sets out full details of the open offer and includes application forms for qualifying certificated shareholders, is also available on the company’s website, marking another procedural step in Rockhopper’s capital-raising process to support development of the Sea Lion field in the North Falkland Basin.
The most recent analyst rating on (GB:RKH) stock is a Buy with a £90.00 price target. To see the full list of analyst forecasts on Rockhopper Exploration stock, see the GB:RKH Stock Forecast page.
More about Rockhopper Exploration
Rockhopper Exploration is a UK-based oil and gas exploration and production company focused on the Falkland Islands, holding a 35% interest in licences in the North Falkland Basin. The company has sanctioned development of the significant Sea Lion oil field, originally discovered by Rockhopper in 2010, and its shares trade on AIM in London under the ticker RKH.
Average Trading Volume: 3,250,396
Technical Sentiment Signal: Buy
Current Market Cap: £465.3M
For detailed information about RKH stock, go to TipRanks’ Stock Analysis page.