TLOU Energy Ltd (LON:TLOU) shares reached a new 52-week high on Monday . The stock traded as high as GBX 10.30 ($0.13) and last traded at GBX 8.60 ($0.11), with a volume of 9723640 shares. The stock had previously closed at GBX 6.95 ($0.09).

Separately, Shore Capital reiterated a “house stock” rating on shares of TLOU Energy in a report on Monday, March 18th.

The firm has a market cap of $35.18 million and a P/E ratio of -12.29.

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About TLOU Energy (LON:TLOU)

Tlou Energy Limited identifies, explores, evaluates, and develops coalbed methane (CBM) natural gas resources for gas-to-power generation in Southern Africa. It holds a mining license and 10 prospecting licenses covering an area of approximately 9,300 square kilometers in the Karoo Basin, Botswana. The company owns a 100% interest in the Lesedi CBM project.

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