Freehold Royalties (FRHLF) Given Buy Rating at BMO Capital Markets
Separately, CIBC restated a hold rating on shares of Freehold Royalties in a research note on Sunday, October 7th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Freehold Royalties has an average rating of Buy.
Shares of OTCMKTS FRHLF traded down $0.05 during midday trading on Thursday, reaching $6.79. 2,373 shares of the company traded hands, compared to its average volume of 5,218. Freehold Royalties has a 52 week low of $6.84 and a 52 week high of $12.04.
Freehold Royalties Ltd., an oil and gas royalty company, owns working interests in oil, natural gas, and potash properties in Western Canada. It holds approximately 6.1 million gross acres of land from northeastern British Columbia to southern Ontario. It has interests in approximately 42,000 wells and receives royalty from industry operators.
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