Prairie Provident Resources Inc (TSE:PPR) had its price target increased by investment analysts at Pi Financial from C$1.70 to C$1.80 in a research note issued to investors on Monday. Pi Financial’s target price would indicate a potential upside of 100.00% from the stock’s current price.

Shares of Prairie Provident Resources (TSE:PPR) remained flat at $0.88 during midday trading on Monday. The company’s stock had a trading volume of 24,114 shares. Prairie Provident Resources has a 52-week low of $0.82 and a 52-week high of $1.35. The stock has a 50-day moving average price of $0.92 and a 200 day moving average price of $0.92. The company’s market capitalization is $85.72 billion.

Prairie Provident Resources Company Profile

Prairie Provident Resources Inc is a Canada-based company engaged in the exploration and development of oil and natural gas properties in Alberta, Canada. The Company’s strategy is to grow organically in combination with acquisitions of conventional oil prospects, which can be developed. Prairie Provident Resources Inc’s operations are primarily focused at Wheatland and Princess in Southern Alberta targeting the Lithic Glauc formation and consisting of approximately 79,000 net acres , along with an early stage waterflood project at Evi in the Peace River Arch area of Northern Alberta, consisting of approximately 31,550 net acres.

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