BMO Capital Markets upgraded shares of Athabasca Oil (TSE:ATH) from an underperform rating to a market perform rating in a research note released on Thursday morning. They currently have C$1.30 price objective on the oil and gas exploration company’s stock.
Athabasca Oil (ATH) opened at C$1.12 on Thursday. Athabasca Oil has a 1-year low of C$0.85 and a 1-year high of C$2.14.
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Athabasca Oil Corporation is a Canada-based energy company, which is focused on the exploration for, and development and production of, light oil and liquids-rich natural gas from regions in northwestern Alberta, Canada, and bitumen from oil sands in the Athabasca region of northeastern Alberta, Canada.
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