Northern Blizzard Resources Inc on Focus After Crashing In Today’s Session


 Northern Blizzard Resources Inc on Focus After Crashing In Today's Session

The stock of Northern Blizzard Resources Inc (TSE:NBZ) is a huge mover today! About 77,031 shares traded hands. Northern Blizzard Resources Inc (TSE:NBZ) has declined 18.82% since March 10, 2016 and is downtrending. It has underperformed by 24.43% the S&P500.
The move comes after 7 months negative chart setup for the $436.10M company. It was reported on Oct, 17 by We have $3.23 PT which if reached, will make TSE:NBZ worth $43.61 million less.

Northern Blizzard Resources Inc (TSE:NBZ) Ratings Coverage

Out of 6 analysts covering Northern Blizzard Resources (TSE:NBZ), 2 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 33% are positive. $13 is the highest target while $4 is the lowest. The $5.15 average target is 43.45% above today’s ($3.59) stock price. Northern Blizzard Resources has been the topic of 13 analyst reports since July 21, 2015 according to StockzIntelligence Inc. RBC Capital Markets initiated the stock with “Sector Perform” rating in Tuesday, December 22 report. BMO Capital Markets maintained it with “Underperform” rating and $4 target price in Friday, September 9 report. On Wednesday, June 15 the stock rating was initiated by IBC with “Sector Perform”. Scotia Capital maintained Northern Blizzard Resources Inc (TSE:NBZ) on Thursday, June 9 with “Sector Perform” rating. The stock of Northern Blizzard Resources Inc (TSE:NBZ) has “Buy” rating given on Tuesday, October 6 by GMP Securities.

More recent Northern Blizzard Resources Inc (TSE:NBZ) news were published by: which released: “Northern Blizzard Resources Inc. Announces August 2016 Dividend” on August 15, 2016. Also published the news titled: “Northern Blizzard Seeks $500 Million in IPO This Month” on July 09, 2014.‘s news article titled: “Moody’s downgrades Northern Blizzard’s CFR to B2; outlook negative” with publication date: February 03, 2016 was also an interesting one.

Northern Blizzard Resources Inc. is a Canada crude oil production and development firm focused on maximizing oil recovery from its heavy oil resource base. The company has a market cap of $436.10 million. The Firm is engaged in the exploration for and the acquisition, development and production of petroleum and natural gas reserves in western Canada. It currently has negative earnings. The Company’s properties include Cactus Lake, Winter, Court, Smiley, Coleville, Cuthbert, Thermal, Westhazel, Hearts Hill, Mantario and Senlac.

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