Cormark Boosts Chinook Energy (CKE) Price Target to C$0.35
Separately, Raymond James increased their target price on shares of Chinook Energy from C$0.15 to C$0.25 and gave the stock an underperform rating in a research note on Friday, August 10th.
Shares of CKE stock opened at C$0.23 on Tuesday. Chinook Energy has a 12 month low of C$0.17 and a 12 month high of C$0.33.
In other Chinook Energy news, Director P. Grant Wierzba sold 221,500 shares of the stock in a transaction that occurred on Tuesday, September 25th. The shares were sold at an average price of C$0.21, for a total value of C$46,515.00. Insiders sold a total of 487,000 shares of company stock worth $106,470 over the last quarter.
Chinook Energy Company Profile
Chinook Energy Inc, an oil and natural gas company, engages in the exploration, development, and production of natural gas, natural gas liquids, and crude oil in Canada. The company's principal oil and natural gas properties include 31,350 net acres of land located in Birley/Umbach area, Northeast British Columbia; 75,756 net acres of land located in Martin Creek/Black-Conroy area, Northeast British Columbia; 23,482 net acres of land located in Gold Creek and Knopcik areas, Northwest Alberta; and 24,570 net acres of land located in Boundary Lake area, Northeast British Columbia.
Read More: Price to Earnings Ratio (PE)
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