Kiwetinohk Energy Corp. (TSE:KEC – Get Free Report)’s share price was up 0.4% during trading on Wednesday . The stock traded as high as C$13.75 and last traded at C$13.75. Approximately 100 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 7,030 shares. The stock had previously closed at C$13.70.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets lifted their target price on shares of Kiwetinohk Energy from C$17.00 to C$18.00 in a research note on Friday, August 2nd. Five research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of C$20.17.
Read Our Latest Stock Analysis on Kiwetinohk Energy
Kiwetinohk Energy Trading Up 0.4 %
Kiwetinohk Energy (TSE:KEC – Get Free Report) last posted its earnings results on Wednesday, July 31st. The company reported C$0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.54 by C$0.01. Kiwetinohk Energy had a net margin of 4.53% and a return on equity of 3.03%. The business had revenue of C$112.40 million for the quarter, compared to analyst estimates of C$124.70 million. Research analysts predict that Kiwetinohk Energy Corp. will post 1.672394 EPS for the current year.
About Kiwetinohk Energy
Kiwetinohk Energy Corp., an energy transition company, develops and produces of natural gas and related products in Canada. The company sells crude oil, natural gas, condensate, and natural gas liquids. It also in the process of developing renewable, and natural gas-fired power generation projects to incorporate carbon capture technology, as well as explores and develops of petroleum and natural gas in western Canada.
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