Spyglass Resources (SGL) Plans Dividend of C$0.02
Spyglass Resources (TSE:SGL) announced a dividend on Wednesday, January 15th, American Banking News reports. Investors of record on Tuesday, January 28th will be paid a dividend of 0.0206 per share on Monday, February 17th. The ex-dividend date is Friday, January 24th.
A number of research firms have recently commented on SGL. Analysts at TD Securities initiated coverage on shares of Spyglass Resources in a research note to investors on Wednesday, November 27th. They set a “hold” rating and a C$2.25 price target on the stock. Analysts at CIBC raised their price target on shares of Spyglass Resources from C$1.60 to C$1.75 in a research note to investors on Tuesday, November 19th. They now have an “underperform” rating on the stock. One analyst has rated the stock with a sell rating and five have issued a hold rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of C$2.46.
Spyglass Resources (TSE:SGL) traded up 2.62% during mid-day trading on Friday, hitting $1.96. The stock had a trading volume of 277,469 shares. Spyglass Resources has a 52-week low of $1.53 and a 52-week high of $2.60. The stock has a 50-day moving average of $1.84 and a 200-day moving average of $1.81.
Spyglass Resources (TSE:SGL) last released its earnings data on Wednesday, November 13th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.15.
Spyglass Resources Corp. (TSE:SGL) is an intermediate oil and gas company.
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