How Analysts Feel About Traverse Energy Ltd. After Today’s Huge Decline?

 How Analysts Feel About Traverse Energy Ltd. After Today's Huge Decline?

The stock of Traverse Energy Ltd. (CVE:TVL) is a huge mover today! About 35,200 shares traded hands or 62.97% up from the average. Traverse Energy Ltd. (CVE:TVL) has risen 6.00% since October 8, 2016 and is uptrending. It has outperformed by 4.04% the S&P500.
The move comes after 8 months negative chart setup for the $30.74M company. It was reported on Nov, 7 by Barchart.com. We have $0.35 PT which if reached, will make CVE:TVL worth $4.00 million less.

More notable recent Traverse Energy Ltd. (CVE:TVL) news were published by: Marketwired.com which released: “Traverse Energy Ltd. Announces Brokered Private Placement of CEE Flow-Through …” on May 04, 2016, also Marketwired.com with their article: “Traverse Energy Announces 2016 Second Quarter Results” published on August 15, 2016, Theglobeandmail.com published: “These small Canadian companies show strong revenue growth” on June 16, 2015. More interesting news about Traverse Energy Ltd. (CVE:TVL) were released by: Bloomberg.com and their article: “McClendon’s American Energy Says It Will Continue Operations” published on March 03, 2016 as well as Crainsdetroit.com‘s news article titled: “Traverse City officials to consider splash pad settlement with Hamilton …” with publication date: March 18, 2016.

Traverse Energy Ltd. is an oil and gas exploration, development and production company. The company has a market cap of $30.74 million. The Firm conducts its activities in the province of Alberta. It currently has negative earnings. The Company’s production consists of natural gas, oil and natural gas liquids.

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