Granite Oil Corp (GXO) Director Martin James Cheyne Sells 4,000 Shares
Granite Oil Corp (TSE:GXO) Director Martin James Cheyne sold 4,000 shares of the stock in a transaction dated Wednesday, September 20th. The shares were sold at an average price of C$3.82, for a total transaction of C$15,280.00.
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A number of equities analysts recently issued reports on GXO shares. National Bank Financial lowered shares of Granite Oil Corp from an “outperform” rating to a “sector perform” rating and decreased their target price for the company from C$6.00 to C$4.50 in a research report on Thursday, August 10th. Raymond James Financial, Inc. lowered shares of Granite Oil Corp from a “strong-buy” rating to an “outperform” rating and decreased their target price for the company from C$8.75 to C$8.50 in a research report on Thursday, August 10th. Finally, Royal Bank Of Canada decreased their target price on shares of Granite Oil Corp from C$8.00 to C$6.00 in a research report on Thursday, July 20th.
Granite Oil Corp Company Profile
Granite Oil Corp. engages in the exploration, development, production, and exploitation of oil and natural gas in the Western Canada Sedimentary Basin in Canada. It owns and operates the Alberta Bakken oil pool in southern Alberta. The company was formerly known as DeeThree Exploration Ltd. and changed its name to Granite Oil Corp.
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