Analyst Ratings For Granite Oil Corp (TSE:GXO)
Today, Raymond James Financial, Inc. reiterated its Strong-Buy rating on Granite Oil Corp (TSE:GXO) with a price target of C$10.50.
There are 3 buy ratings, 1 strong buy rating on the stock.
The current consensus rating on Granite Oil Corp (TSE:GXO) is Buy (Score: 3.25) with a consensus target price of C$8.04 per share, a potential .
Some recent analyst ratings include
- 3/23/2017-Raymond James Financial, Inc. Reiterated Rating of Strong-Buy.
About Granite Oil Corp (TSE:GXO)
Granite Oil Corp., formerly DeeThree Exploration Ltd., is a Canada-based oil producer based in Calgary, Alberta with lands and operations located in southern Alberta. The Company is engaged in the exploration for and exploitation, development and production of oil and natural gas. Its Alberta Bakken Properties are located in southern Alberta, approximately 70 kilometers south of Lethbridge. This property consists of an average working interest of approximately 100% in over 393,453 gross (391,633 net) undeveloped acres and approximately 54,434 gross (52,140) net developed acres. The Alberta Bakken Properties include approximately 60 gross (61.4 net) oil wells and over 140 gross (138.16 net) gas wells. It is engaged in the drilling operations of approximately 20 gross (16.0 net) wells, over 10 gross (12.0 net) of which are drilled on the Alberta Bakken Properties, approximately four gross (4.0 net) are drilled on the Brazeau Belly River Properties.
Recent Trading Activity for Granite Oil Corp (TSE:GXO)
Shares of Granite Oil Corp closed the previous trading session at 5.50 up +0.11 2.04% with 83,183 shares trading hands.
