BILOXI MARSH LA/SH (OTCMKTS:BLMC) Stock Rating Lowered by ValuEngine

BILOXI MARSH LA/SH (OTCMKTS:BLMC) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday, May 1st, ValuEngine reports.

OTCMKTS BLMC traded up $0.01 during mid-day trading on Wednesday, hitting $5.01. The stock had a trading volume of 2,200 shares, compared to its average volume of 1,973. BILOXI MARSH LA/SH has a 52-week low of $4.32 and a 52-week high of $9.59.

BILOXI MARSH LA/SH (OTCMKTS:BLMC) last released its quarterly earnings data on Friday, March 8th. The energy company reported ($0.24) earnings per share for the quarter.

BILOXI MARSH LA/SH Company Profile

Biloxi Marsh Lands Corporation explores for and develops oil and gas properties in Louisiana and Texas. The company owns approximately 90,000 acres of marsh lands located in St. Bernard Parish, Louisiana. As of December 31, 2017, it had proved reserves of approximately 4.7 billion cubic feet of natural gas, approximately 101 thousand barrels of oil, and approximately 26.6 thousand barrels of natural gas liquids.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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