The stock of Blackbird Energy Inc (CVE:BBI) is a huge mover today! The stock increased 1.64% or $0.005 on September 13, hitting $0.31. About 1.09M shares traded hands. Blackbird Energy Inc (CVE:BBI) has risen 6.00% since August 15, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 8 months positive chart setup for the $167.86 million company. It was reported on Sep, 14 by Barchart.com. We have $0.49 PT which if reached, will make CVE:BBI worth $95.68M more.
Blackbird Energy Inc. is a Canada-based company, engaged in the acquisition, development and production of petroleum and gas interests. The company has a market cap of $167.86 million. The Firm holds 100% Working Interest in 127 sections of the Elmworth project located in the Elmworth area of Alberta. It currently has negative earnings. It also holds 100% interest in the 2.1 section Mantario Heavy Oil project.
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