Seven Generations Energy (OTCMKTS:SVRGF) Raised to Outperform at BMO Capital Markets
BMO Capital Markets upgraded shares of Seven Generations Energy (OTCMKTS:SVRGF) from a market perform rating to an outperform rating in a report released on Monday morning, The Fly reports.
Separately, Credit Suisse Group began coverage on shares of Seven Generations Energy in a research note on Monday, July 15th. They issued an outperform rating on the stock.
Shares of SVRGF opened at $6.78 on Monday. The firm’s 50 day moving average is $5.66 and its 200-day moving average is $6.14. Seven Generations Energy has a 12-month low of $4.55 and a 12-month high of $15.60.
Seven Generations Energy Ltd., together with its subsidiary, engages in development of natural gas properties in Canada. The company holds interests in the Kakwa River project, a natural gas property covering approximately 537,000 net acres located in the Kakwa area of northwest Alberta; and in the approximately 506,000 acres in Montney.
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