RMP Energy Inc (RMP) Director Josh Young Purchases 304,000 Shares
RMP Energy Inc (TSE:RMP) Director Josh Young acquired 304,000 shares of RMP Energy stock in a transaction dated Thursday, September 7th. The stock was bought at an average price of C$0.52 per share, for a total transaction of C$158,080.00.
RMP Energy Inc (TSE:RMP) remained flat at $0.52 during mid-day trading on Monday. 40,300 shares of the company’s stock were exchanged. The firm’s market capitalization is $78.53 million. The stock has a 50-day moving average price of $0.53 and a 200 day moving average price of $0.67. RMP Energy Inc has a 12-month low of $0.42 and a 12-month high of $1.09.
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Several analysts have recently issued reports on the company. National Bank Financial increased their price objective on RMP Energy to C$0.90 and gave the company an “outperform” rating in a research note on Monday, July 31st. Scotiabank increased their price objective on RMP Energy from C$0.70 to C$0.75 and gave the company a “sector perform” rating in a research note on Thursday, July 27th. Finally, Raymond James Financial, Inc. upgraded RMP Energy from an “underperform” rating to a “market perform” rating and increased their price objective for the company from C$0.40 to C$0.65 in a research note on Tuesday, September 5th.
RMP Energy Company Profile
RMP Energy Inc is a Canada-based independent crude oil and natural gas company. The Company is engaged in the exploration for, development and production of crude oil, natural gas and natural gas liquids (NGLs) reserves in the Western Canadian Sedimentary Basin within the province of Alberta, Canada.
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