Blackbird Energy (BBI) Sets New 12-Month Low at $0.21

Blackbird Energy Inc (CVE:BBI) shares hit a new 52-week low during trading on Monday . The stock traded as low as C$0.21 and last traded at C$0.21, with a volume of 412214 shares trading hands. The stock had previously closed at C$0.21.

Separately, Royal Bank of Canada upgraded shares of Blackbird Energy from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from C$0.50 to C$0.75 in a research report on Friday, November 2nd.

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Blackbird Energy Company Profile (CVE:BBI)

Blackbird Energy Inc, an energy company, engages in the exploration, development, and production of oil and natural gas in Western Canada. Its principal property is the Pipestone/Elmworth Montney project that consists of 125 gross sections covering an area of 80,000 gross acres located near Grande Prairie, Alberta.

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