National Bank Financial reissued their sector perform rating on shares of Chinook Energy (TSE:CKE) in a research note released on Wednesday morning, BayStreet.CA reports. The firm currently has a C$0.20 target price on the stock.
Separately, Raymond James reiterated an underperform rating and set a C$0.10 price target on shares of Chinook Energy in a report on Monday, May 13th.
TSE:CKE opened at C$0.06 on Wednesday. The company’s 50 day moving average price is C$0.11 and its 200-day moving average price is C$0.13. Chinook Energy has a 52 week low of C$0.06 and a 52 week high of C$0.27. The company has a quick ratio of 0.15, a current ratio of 0.35 and a debt-to-equity ratio of 17.09. The stock has a market cap of $13.42 million and a price-to-earnings ratio of -0.28.
Chinook Energy Inc, an upstream oil and natural gas company, engages in the exploration, development, and production of natural gas, natural gas liquids, and crude oil in Canada. The company primarily holds interests in the Birley/Umbach area, which include 64 net drilling space units of land located in northeast British Columbia.
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