Seven Generations Energy Ltd (TSE:VII) insider Brian John Newmarch purchased 2,000 shares of the firm’s stock in a transaction on Thursday, November 29th. The stock was bought at an average cost of C$10.15 per share, for a total transaction of C$20,300.00.
Shares of VII traded down C$0.06 during mid-day trading on Friday, hitting C$10.13. 2,955,338 shares of the company’s stock traded hands, compared to its average volume of 1,088,684. The company has a debt-to-equity ratio of 42.98, a current ratio of 0.69 and a quick ratio of 0.66. Seven Generations Energy Ltd has a 1 year low of C$9.69 and a 1 year high of C$19.40.
A number of brokerages have commented on VII. Raymond James lifted their price target on Seven Generations Energy from C$29.50 to C$31.00 and gave the stock a “strong-buy” rating in a research note on Friday, August 3rd. National Bank Financial decreased their price target on Seven Generations Energy from C$23.00 to C$22.00 and set an “outperform” rating on the stock in a research note on Friday, August 3rd. TD Securities raised Seven Generations Energy from a “hold” rating to a “buy” rating and lifted their price target for the stock from C$18.00 to C$19.00 in a research note on Friday, August 3rd. BMO Capital Markets reduced their target price on Seven Generations Energy from C$21.50 to C$20.00 in a research note on Tuesday, October 9th. Finally, Eight Capital boosted their target price on Seven Generations Energy from C$18.50 to C$22.50 in a research note on Thursday, November 1st. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of C$22.38.
COPYRIGHT VIOLATION NOTICE: “Seven Generations Energy Ltd (VII) Insider Brian John Newmarch Buys 2,000 Shares of Stock” was originally reported by Community Financial News and is the property of of Community Financial News. If you are viewing this article on another publication, it was copied illegally and republished in violation of U.S. and international copyright and trademark legislation. The legal version of this article can be viewed at https://www.com-unik.info/2018/11/30/seven-generations-energy-ltd-vii-insider-brian-john-newmarch-buys-2000-shares-of-stock.html.
Seven Generations Energy Ltd., an independent energy company, focuses on the acquisition, exploration, development, and production of condensate and natural gas properties in western Canada. The company holds interests in the Kakwa River project, a natural gas property covering 500,000 net acres located in the Kakwa area of northwest Alberta.
Further Reading: How Does the Quiet Period Work?
Receive News & Ratings for Seven Generations Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seven Generations Energy and related companies with MarketBeat.com's FREE daily email newsletter.