Seven Generations Energy Ltd (OTCMKTS:SVRGF)’s share price traded up 2.1% during trading on Monday . The company traded as high as $5.66 and last traded at $5.66, 8,185 shares traded hands during trading. A decline of 29% from the average session volume of 11,454 shares. The stock had previously closed at $5.54.
Separately, Credit Suisse Group assumed coverage on Seven Generations Energy in a report on Monday, July 15th. They set an “outperform” rating for the company.
The stock’s fifty day moving average is $4.99.
Seven Generations Energy Ltd., together with its subsidiary, engages in development of natural gas properties in Canada. The company holds interests in the Kakwa River project, a natural gas property covering approximately 537,000 net acres located in the Kakwa area of northwest Alberta; and in the approximately 506,000 acres in Montney.
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