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Equities research analysts at Canaccord Genuity began coverage on shares of Serinus Energy (TSE:SEN) in a research note issued to investors on Thursday, American Banking & Market News reports. The firm set a “buy” rating and a C$4.50 price target on the stock.

Shares of Serinus Energy (TSE:SEN) traded up 5.71% on Thursday, hitting $3.70. The stock had a trading volume of 18,086 shares. Serinus Energy has a 52-week low of $2.65 and a 52-week high of $4.96. The stock’s 50-day moving average is $3.66 and its 200-day moving average is $3.75. The company has a price-to-earnings ratio of 1.74.

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