Spartan Energy Corp Just Recorded A Sigfniciant Increase

 Spartan Energy Corp Just Recorded A Sigfniciant Increase

The stock of Spartan Energy Corp (TSE:SPE) is a huge mover today! About 624,525 shares traded hands. Spartan Energy Corp (TSE:SPE) has risen 27.72% since March 11, 2016 and is uptrending. It has outperformed by 22.23% the S&P500.
The move comes after 8 months positive chart setup for the $1.18 billion company. It was reported on Oct, 18 by Barchart.com. We have $4.69 PT which if reached, will make TSE:SPE worth $436.60M more.

Spartan Energy Corp (TSE:SPE) Ratings Coverage

Out of 4 analysts covering Spartan Energy Corp (TSE:SPE), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $4.15 is the highest target while $2.65 is the lowest. The $3.93 average target is 14.91% above today’s ($3.42) stock price. Spartan Energy Corp has been the topic of 8 analyst reports since December 3, 2015 according to StockzIntelligence Inc. As per Wednesday, August 24, the company rating was maintained by National Bank Canada.

More notable recent Spartan Energy Corp (TSE:SPE) news were published by: Marketwired.com which released: “Spartan Energy Corp. Announces Exercise of Over-Allotment Option and …” on August 24, 2016, also Marketwired.com with their article: “Spartan Energy Corp. Announces $75 Million Bought Deal Financing” published on February 24, 2016, Marketwired.com published: “Spartan Energy Corp. Announces Second Quarter Financial and Operating Results” on August 11, 2016. More interesting news about Spartan Energy Corp (TSE:SPE) were released by: Marketwired.com and their article: “Spartan Energy Corp. Announces Southeast Saskatchewan Light Oil Acquisition …” published on August 03, 2016 as well as Marketwired.com‘s news article titled: “Spartan Energy Corp. Announces First Quarter Financial and Operating Results …” with publication date: May 11, 2016.

Spartan Energy Corp, formerly Alexander Energy Ltd is a Canada oil and natural gas exploration and production firm with producing properties focused in Saskatchewan. The company has a market cap of $1.18 billion. The Company’s properties include Southeast Saskatchewan, West Central Saskatchewan and Alexander Alberta. It currently has negative earnings. The Southeast Saskatchewan property focuses on conventional Mississippian targets, primarily in the Frobisher/Alida and Midale formations.

SPE Company Profile

Special Opportunities Fund, Inc. (the Fund), formerly Insured Municipal Income Fund Inc., incorporated on February 18, 1993, is a closed-end diversified management investment company. The Fund’s investment objective is to achieve total return.

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