Chinook Energy Inc. (TSE:CKE) had its price target cut by Raymond James Financial, Inc. from C$0.30 to C$0.25 in a research note issued to investors on Thursday, StockTargetPrices.com reports. They currently have an underperform rating on the stock.
Shares of Chinook Energy (CKE) opened at 0.32 on Thursday. The firm has a 50-day moving average price of $0.33 and a 200-day moving average price of $0.35. The stock’s market cap is $69.48 million. Chinook Energy has a 12 month low of $0.27 and a 12 month high of $0.59.
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Chinook Energy Company Profile
Chinook Energy Inc, an oil and natural gas company, engages in the exploration, development, and production of crude oil, natural gas liquids, and natural gas in Canada. Its principal oil and natural gas properties comprise 51,964 net acres of land located in Birley/Umbach area, Northeast British Columbia; 75,018 net acres of land located in Martin Creek/Black-Conroy area, Northeast British Columbia; 27,291 net acres of land located in Gold Creek and Knopcik areas, Northwest Alberta; and 24,570 net acres of land located in Boundary Lake area, Northeast British Columbia.
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