Several other equities research analysts have also recently weighed in on VII. Raymond James lowered their target price on Seven Generations Energy from C$31.00 to C$27.50 in a report on Friday, October 5th. BMO Capital Markets lowered their target price on Seven Generations Energy from C$21.50 to C$20.00 in a report on Tuesday, October 9th. Eight Capital upped their price objective on Seven Generations Energy from C$18.50 to C$22.50 in a research note on Thursday, November 1st. CIBC decreased their price objective on Seven Generations Energy from C$22.00 to C$20.00 in a research note on Thursday, November 22nd. Finally, JPMorgan Chase & Co. decreased their price objective on Seven Generations Energy from C$17.00 to C$15.00 in a research note on Friday, December 7th. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Seven Generations Energy currently has an average rating of Buy and an average price target of C$19.36.
Shares of VII stock opened at C$10.77 on Tuesday. Seven Generations Energy has a twelve month low of C$9.15 and a twelve month high of C$19.40. The company has a current ratio of 0.69, a quick ratio of 0.66 and a debt-to-equity ratio of 42.98.
In related news, Director Marty Leigh Proctor acquired 5,000 shares of the firm’s stock in a transaction that occurred on Monday, November 19th. The stock was purchased at an average cost of C$12.08 per share, for a total transaction of C$60,400.00. Insiders have purchased a total of 27,400 shares of company stock valued at $298,190 over the last 90 days.
About Seven Generations Energy
Seven Generations Energy Ltd., an independent energy company, focuses on the acquisition, exploration, development, and production of condensate and natural gas properties in western Canada. The company holds interests in the Kakwa River project, a natural gas property covering 500,000 net acres located in the Kakwa area of northwest Alberta.
See Also: How To Calculate Debt-to-Equity Ratio
Receive News & Ratings for Seven Generations Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seven Generations Energy and related companies with MarketBeat.com's FREE daily email newsletter.