Cardinal Energy Ltd. (OTCMKTS:CRLFF – Get Free Report)’s share price traded up 1.3% during trading on Tuesday . The stock traded as high as $8.24 and last traded at $8.22. Approximately 130,379 shares traded hands during trading, a decline of 29% from the average daily volume of 184,431 shares. The stock had previously closed at $8.1150.
Analyst Ratings Changes
Separately, Royal Bank Of Canada reiterated an “outperform” rating on shares of Cardinal Energy in a report on Thursday, July 30th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Analysis on CRLFF
Cardinal Energy Trading Up 1.3%
About Cardinal Energy
Cardinal Energy Ltd. (OTCMKTS: CRLFF) is a Canada-based upstream oil and gas company focused on the exploration, development and production of conventional hydrocarbon resources in Western Canada. Founded in 2009 and headquartered in Calgary, Alberta, Cardinal Energy targets mature resource plays in Alberta and Saskatchewan, with a core asset base in the Cardium and Mannville formations as well as shallow natural gas zones.
The company pursues a disciplined growth strategy grounded in low-cost drilling, optimized well design and efficient operations.
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