Questerre Energy Corp (QEC) Price Target Raised to C$0.30
Questerre Energy Corp (TSE:QEC) had its price target hoisted by equities research analysts at Canaccord Genuity from C$0.25 to C$0.30 in a report released on Wednesday, StockTargetPrices.com reports. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s price target points to a potential upside of 11.11% from the company’s previous close.
Questerre Energy Corp (TSE:QEC) traded up 35.185% during midday trading on Wednesday, reaching $0.365. The company’s stock had a trading volume of 765,103 shares. Questerre Energy Corp has a 52 week low of $0.13 and a 52 week high of $0.39. The company’s 50-day moving average is $0.21 and its 200 day moving average is $0.19. The firm’s market capitalization is $106.33 million.
Questerre Energy Corp Company Profile
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Questerre Energy Corporation is a Canada-based independent energy company focused on non-conventional oil and gas resources. The Company is developing a portfolio of oil shale assets. The Company operates through Canada segment. The Company has base production and reserves in the tight oil bakken/torquay of southeast Saskatchewan.
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