The Materials sector company, Pine Cliff Energy (PNE), has received a rating update from a Wall Street analyst on February 7. On February 7, analyst Chris MacCulloch gave a Hold rating to PNE and set a C$0.30 price target.
According to TipRanks.com, MacCulloch is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -30.4% and a 0.0% success rate. MacCulloch covers the Basic Materials sector, focusing on stocks such as Tamarack Valley Energy Ltd, Athabasca Oil Corporation, and Paramount Resources Ltd.
Pine Cliff Energy has an analyst consensus of Hold, with a price target consensus of C$0.34.
The company has a one-year high of C$0.45 and a one-year low of C$0.22. Currently, Pine Cliff Energy has an average volume of 209.2K.
Pine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of oil and natural gas. Its business of exploring for metals with assets are located in Utah, Ontario, and Northwest Territories. The company was founded on November 10, 2004 and is headquartered in Calgary, Canada.
The company’s shares closed on Monday at C$0.24, close to its 52-week low of C$0.22.
