Houston’s oil and gas company, Alta Mesa Resources (NASDAQ:AMR), is on the rise, climbing 26.42% on the NASDAQ exchange and selling for $0.28 USD at present. This penny stock is cheaper than a stamp at present, so should you be enticed?
Let’s have a look.
Penny Stocks: Alta Mesa ResourcesAccording to its website, AMR is an “independent exploration and production company focused on the development and acquisition of unconventional oil and natural gas reserves.”
The company extracts from the eastern portion of the Anadarko Basin referred to as the STACK, which ...
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