What’s in Blackbird Energy Inc After Today’s Huge Increase?


 What's in Blackbird Energy Inc After Today's Huge Increase?

The stock of Blackbird Energy Inc (CVE:BBI) is a huge mover today! About 4.13 million shares traded hands or 195.00% up from the average. Blackbird Energy Inc (CVE:BBI) has risen 6.00% since September 17, 2016 and is uptrending. It has outperformed by 0.39% the S&P500.
The move comes after 7 months positive chart setup for the $217.20M company. It was reported on Oct, 17 by Barchart.com. We have $0.84 PT which if reached, will make CVE:BBI worth $232.40 million more.

More notable recent Blackbird Energy Inc (CVE:BBI) news were published by: Marketwired.com which released: “Blackbird Energy Inc. Announces Unit and CDE Flow-Through Common Share …” on April 25, 2016, also Marketwired.com with their article: “Blackbird Energy Inc. to Acquire Minority Interest in Stage Completions Inc.” published on July 28, 2016, Marketwired.com published: “Blackbird Energy Inc. to Present at the IPAA Oil and Gas Investment Symposium” on September 20, 2016. More interesting news about Blackbird Energy Inc (CVE:BBI) were released by: Marketwired.com and their article: “Blackbird Energy Inc. Announces Regulatory Approval for Its Infrastructure …” published on September 29, 2016 as well as Marketwired.com‘s news article titled: “Blackbird Energy Inc. Receives Final TSX-V Approval for Acquisition of …” with publication date: September 22, 2016.

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 $217.20 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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