Echo Energy (ECHO)

Sector:

Energy Producers

 0.003p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.038
  • 52 Week Low: 0.003
  • Currency: UK Pounds
  • Shares Issued: 18,687m
  • Volume: 438,317,883
  • Market Cap: £0.64m

Independent Resources doing lambada on approval for Rivara

Date: Monday 19 Dec 2011

LONDON (ShareCast) - The Italy focused gas company, Independent Resources (IRG), has seen its share price rocket 17% this morning on news of government approval for the “appraisal phase” of its Rivara project in the Po Valley.

IRG wants to build a large gas storage facility underground at the site to alleviate Italy’s gas supply disruptions during the winter.

The Company expects to receive the signed, ministerial decree confirming the approval early in 2012 after the holiday season.

It characterises the project as “a much-needed infrastructural investment in an extremely under-supplied market.”

Of course, IRG would say that, but with the Rivara site located at the hub of Italy’s gas transmission system, the scheme does have a certain logic.

At 9.34am the stock was up 17.11% at 44.5p. Over the year to date IRG is down 3.83%.

BS

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Echo Energy Market Data

Currency UK Pounds
Share Price 0.003p
Change Today 0.000p
% Change 0.00 %
52 Week High 0.038
52 Week Low 0.003
Volume 438,317,883
Shares Issued 18,687m
Market Cap £0.64m

Echo Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
28.41% above the market average28.41% above the market average28.41% above the market average28.41% above the market average28.41% above the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Price Trend
98.61% below the market average98.61% below the market average98.61% below the market average98.61% below the market average98.61% below the market average
97.5% below the sector average97.5% below the sector average97.5% below the sector average97.5% below the sector average97.5% below the sector average
Income Not Available
Growth
37.14% below the market average37.14% below the market average37.14% below the market average37.14% below the market average37.14% below the market average
64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average

Echo Energy Dividends

No dividends found

Trades for 07-Jun-2024

Time Volume / Share Price
16:02 21,818,975 @ 0.003p
15:31 10,833 @ 0.004p
15:30 515,833 @ 0.004p
14:07 100,000,000 @ 0.003p
12:59 26,394,242 @ 0.003p

Echo Energy Key Personnel

CEO Stephen Birrell

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