BlackPearl Resources Inc. (TSE:PXX) to Release Earnings on Wednesday
BlackPearl Resources Inc. (TSE:PXX) will be releasing its earnings data after the market closes on Wednesday, August 9th.
BlackPearl Resources Inc. (PXX) opened at 1.01 on Wednesday. The stock’s market capitalization is $339.57 million. The firm’s 50-day moving average is $0.97 and its 200-day moving average is $1.26. BlackPearl Resources Inc. has a 52 week low of $0.90 and a 52 week high of $1.91.
Several research firms have issued reports on PXX. Scotiabank reaffirmed a “sector perform” rating and set a C$2.00 price target on shares of BlackPearl Resources in a research note on Thursday, May 4th. TD Securities reaffirmed a “hold” rating and set a C$1.45 price target on shares of BlackPearl Resources in a research note on Thursday, May 4th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of C$1.93.
In other BlackPearl Resources news, Director John Larry Festival purchased 42,500 shares of the business’s stock in a transaction that occurred on Friday, July 14th. The shares were purchased at an average price of C$0.95 per share, for a total transaction of C$40,375.00. Insiders purchased 122,500 shares of company stock worth $115,595 over the last three months.
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About BlackPearl Resources
BlackPearl Resources Inc is a Canda-based oil and natural gas company, which is engaged in the business of oil and gas exploration, development and production in North America. Its primary focus is on heavy oil and oil sands projects in Western Canada. Its core properties include Onion Lake, Saskatchewan, which is a conventional heavy oil property, as well as a thermal enhanced oil recovery project; Mooney, Alberta, which is a conventional heavy oil property using horizontal drilling and alkali, surfactant, polymer flooding, and Blackrod, Alberta, which is a bitumen property located in the Athabasca oil sands region using the Steam Assisted Gravity Drainage recovery process.
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