Athabasca Oil Corp (TSE:ATH) Set to Announce Earnings on Tuesday
Athabasca Oil Corp (TSE:ATH) is set to announce its earnings results after the market closes on Tuesday, July 25th. Analysts expect the company to announce earnings of ($0.06) per share for the quarter.
Athabasca Oil Corp (TSE:ATH) opened at 0.88 on Tuesday. Athabasca Oil Corp has a 52-week low of $0.86 and a 52-week high of $2.14. The company has a 50 day moving average price of $1.19 and a 200-day moving average price of $1.53. The firm’s market cap is $447.82 million.
A number of research firms recently commented on ATH. Canaccord Genuity dropped their price objective on Athabasca Oil Corp from C$2.75 to C$2.25 and set a “speculative buy” rating for the company in a report on Tuesday, July 11th. BMO Capital Markets downgraded Athabasca Oil Corp from a “market perform” rating to an “underperform” rating in a report on Monday, June 26th. Scotiabank upped their price objective on Athabasca Oil Corp from C$1.80 to C$1.90 and gave the company a “sector perform” rating in a report on Friday, May 5th. Finally, TD Securities decreased their target price on Athabasca Oil Corp from C$2.50 to C$2.25 and set a “buy” rating for the company in a research note on Friday, May 5th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of C$2.38.
Athabasca Oil Corp Company Profile
Athabasca Oil Corporation is a Canada-based energy company, which is focused on the exploration for, and development and production of, light oil and liquids-rich natural gas from regions in northwestern Alberta, Canada, and bitumen from oil sands in the Athabasca region of northeastern Alberta, Canada.
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