Spyglass Resources Corp Announces Monthly Dividend of C$0.02 (SGL)
Spyglass Resources Corp (TSE:SGL) announced a Monthly dividend on Monday, May 26th, StockRatingsNetwork reports. Investors of record on Monday, June 16th will be paid a dividend of 0.0225 per share on Monday, June 16th. This represents a dividend yield of 15.7%. The ex-dividend date is Monday, May 26th.
Several analysts have recently commented on the stock. Analysts at TD Securities cut their price target on shares of Spyglass Resources Corp from C$2.50 to C$1.60 in a research note on Thursday, May 8th. They now have a “hold” rating on the stock. On a related note, analysts at National Bank Financial cut their price target on shares of Spyglass Resources Corp from C$2.25 to C$2.00 in a research note on Wednesday, May 7th. They now have a “sector perform” rating on the stock. Finally, analysts at Scotiabank cut their price target on shares of Spyglass Resources Corp from C$1.50 to C$1.00 in a research note on Wednesday, May 7th. They now have an “underperform” rating on the stock. Two investment analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of C$1.68.
Shares of Spyglass Resources Corp (TSE:SGL) opened at 1.80 on Monday. Spyglass Resources Corp has a 1-year low of $1.53 and a 1-year high of $2.26. The stock’s 50-day moving average is $1. and its 200-day moving average is $1.88. The company has a price-to-earnings ratio of 4.62.
Spyglass Resources Corp (TSE:SGL) last released its earnings data on Thursday, May 8th. The company reported ($0.09) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.01) by $0.08.
Spyglass Resources Corp. (TSE:SGL) is an intermediate oil and gas company.
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