Shares of Chinook Energy Inc. (TSE:CKE) have been given a consensus recommendation of “Hold” by the six analysts that are presently covering the company. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has given a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is C$0.52.

A number of research analysts have recently issued reports on the company. Raymond James Financial, Inc. reiterated a “market perform” rating and set a C$0.50 target price on shares of Chinook Energy in a research report on Friday, March 24th. GMP Securities increased their target price on Chinook Energy from C$0.50 to C$0.55 in a research report on Friday, February 10th.

Chinook Energy (TSE:CKE) traded up 12.50% during trading on Monday, hitting $0.36. 138,427 shares of the stock traded hands. Chinook Energy has a 52-week low of $0.32 and a 52-week high of $0.50. The stock’s market cap is $77.96 million. The stock has a 50 day moving average price of $0.34 and a 200-day moving average price of $0.42.

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In other news, Director P. Grant Wierzba sold 211,145 shares of the stock in a transaction that occurred on Thursday, April 6th. The stock was sold at an average price of C$0.36, for a total transaction of C$76,012.20. In the last quarter, insiders have bought 143,000 shares of company stock worth $51,440 and have sold 237,450 shares worth $85,745.

Chinook Energy Company Profile

Chinook Energy Inc is a petroleum and natural gas production company focused on development and exploration opportunities in western Canada. The Company has assets in the Plains-West Central District, the Grande Prairie District and the Peace River Arch District. The Company’s operations combine multi-zone conventional production and resource plays in its Western Canadian Sedimentary Basin producing properties and undeveloped land predominately located in northwestern Alberta and northeastern British Columbia.

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