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

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

The stock of Northern Blizzard Resources Inc (TSE:NBZ) is a huge mover today! About 91,239 shares traded hands. Northern Blizzard Resources Inc (TSE:NBZ) has declined 5.57% since April 27, 2016 and is downtrending. It has underperformed by 11.50% the S&P500.
The move comes after 7 months positive chart setup for the $516.01 million company. It was reported on Dec, 1 by Barchart.com. We have $4.09 PT which if reached, will make TSE:NBZ worth $20.64 million more.

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 $3.75 is the lowest. The $4.50 average target is 14.50% above today’s ($3.93) stock price. Northern Blizzard Resources has been the topic of 18 analyst reports since July 21, 2015 according to StockzIntelligence Inc. BMO Capital Markets maintained Northern Blizzard Resources Inc (TSE:NBZ) rating on Friday, September 9. BMO Capital Markets has “Underperform” rating and $4 price target. The firm has “Buy” rating by GMP Securities given on Tuesday, October 6. The rating was initiated by RBC Capital Markets with “Sector Perform” on Tuesday, December 22. The company was maintained on Thursday, June 9 by Scotia Capital. TD Securities maintained Northern Blizzard Resources Inc (TSE:NBZ) on Tuesday, November 29 with “Buy” rating. On Wednesday, June 15 the stock rating was initiated by IBC with “Sector Perform”. Scotia Capital maintained the stock with “Sector Perform” rating in Tuesday, November 29 report. The stock of Northern Blizzard Resources Inc (TSE:NBZ) has “Underperform” rating given on Tuesday, November 29 by BMO Capital Markets.

More recent Northern Blizzard Resources Inc (TSE:NBZ) news were published by: Reuters.com which released: “BRIEF-Northern Blizzard Resources Inc announces $58 million non-core asset…” on November 28, 2016. Also Reuters.com published the news titled: “BRIEF-Northern Blizzard Resources Inc. announces third quarter 2016 result…” on November 14, 2016. Moodys.com‘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 $516.01 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment