The stock of Birchcliff Energy Ltd. (TSE:BIR) is a huge mover today! About 1.46M shares traded hands. Birchcliff Energy Ltd. (TSE:BIR) has risen 74.18% since February 5, 2016 and is uptrending. It has outperformed by 57.69% the S&P500.
The move comes after 9 months negative chart setup for the $2.25B company. It was reported on Sep, 13 by Barchart.com. We have $7.85 PT which if reached, will make TSE:BIR worth $202.50M less.
Out of 6 analysts covering Birchcliff Energy Ltd. (TSE:BIR), 6 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Birchcliff Energy Ltd. has been the topic of 20 analyst reports since September 23, 2015 according to StockzIntelligence Inc.
Birchcliff Energy Ltd. is an intermediate oil and natural gas company. The company has a market cap of $2.25 billion. The Firm is engaged in the exploration for and the development, production and acquisition of petroleum and natural gas reserves in Western Canada. It currently has negative earnings. The Company’s activities are concentrated within core area, the Peace River Arch, which is centered over 90 kilometers northwest of Grande Prairie, Alberta, adjacent to the Alberta/British Columbia border.
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