TD Securities Keeps Their Hold Rating on BlackPearl Resources (PXX)

Wall Street analyst has provided a review for the Materials company on October 10, but retained the same rating on the stock. BlackPearl Resources (TSX: PXX) received a Hold on October 10 from TD Securities’ analyst Aaron Bilkoski, with a C$1.45 price target.

According to, Bilkoski ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -9.8% and a 34.8% success rate. Bilkoski covers the Basic Materials sector, focusing on stocks such as BlackPearl Resources Inc, Freehold Royalties Ltd, and Pengrowth Energy Corp.

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Currently, the analyst consensus on BlackPearl Resources is a Strong Buy with an average price target of C$1.80.

BlackPearl Resources’ market cap is currently C$464.8M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.74.

BlackPearl Resources, Inc. engages in the exploration, development, and production of oil and gas. It focuses on heavy oil and oil sands projects in Western Canada. Its properties include Onion Lake, Mooney, and Blackrod. The company was founded on October 15, 1984 and is headquartered in Calgary, Canada.

The company’s shares closed on Thursday at C$1.38.

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