Northern Blizzard Resources Inc Just Recorded A Sigfniciant Decline

 Northern Blizzard Resources Inc Just Recorded A Sigfniciant Decline

The stock of Northern Blizzard Resources Inc (TSE:NBZ) is a huge mover today! About 30,397 shares traded hands. Northern Blizzard Resources Inc (TSE:NBZ) has declined 16.28% since April 22, 2016 and is downtrending. It has underperformed by 22.29% the S&P500.
The move comes after 6 months negative chart setup for the $434.77 million company. It was reported on Nov, 28 by Barchart.com. We have $3.29 PT which if reached, will make TSE:NBZ worth $34.78M 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 $4.88 average target is 36.31% above today’s ($3.58) stock price. Northern Blizzard Resources has been the topic of 15 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock has “Sector Perform” rating given by Scotia Capital on Thursday, June 9. IBC initiated Northern Blizzard Resources Inc (TSE:NBZ) rating on Wednesday, June 15. IBC has “Sector Perform” rating and $5 price target. The firm has “Underperform” rating given on Friday, September 9 by BMO Capital Markets. The firm earned “Sector Perform” rating on Tuesday, December 22 by RBC Capital Markets. The stock has “Buy” rating given by GMP Securities on Tuesday, October 6.

More news for Northern Blizzard Resources Inc (TSE:NBZ) were recently published by: Reuters.com, which released: “BRIEF-Northern Blizzard Resources Inc. announces third quarter 2016 result…” on November 14, 2016. Moodys.com‘s article titled: “Moody’s downgrades Northern Blizzard’s CFR to B2; outlook negative” and published on February 03, 2016 is yet another important article.

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 $434.77 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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