Global Hunter Securities Starts RAM Energy Resources (RAME) at Accumulate; Outstanding Option on Eastern Mississippian
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Price: $1.73 --0%
Rating Summary:
1 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 14 | New: 6
Rating Summary:
1 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 14 | New: 6
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Global Hunter Securities initiates coverage on RAM Energy Resources (NASDAQ: RAME) with a Accumulate. PT $2.20.
Global analyst said, "RAM Energy is a micro-cap company with exceptional leverage to an eastern extension of the prolific horizontal Mississippian play of northern Oklahoma/southern Kansas. With value underpinned by legacy oil fields in northern Texas and southern Oklahoma, we believe the company is poised to demonstrate the value of its Mississippian potential in 2012."
For an analyst ratings summary and ratings history on RAM Energy Resources click here. For more ratings news on RAM Energy Resources click here.
Shares of RAM Energy Resources closed at $1.73 yesterday.
Global analyst said, "RAM Energy is a micro-cap company with exceptional leverage to an eastern extension of the prolific horizontal Mississippian play of northern Oklahoma/southern Kansas. With value underpinned by legacy oil fields in northern Texas and southern Oklahoma, we believe the company is poised to demonstrate the value of its Mississippian potential in 2012."
For an analyst ratings summary and ratings history on RAM Energy Resources click here. For more ratings news on RAM Energy Resources click here.
Shares of RAM Energy Resources closed at $1.73 yesterday.
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