Topaz Energy Corp. (OTCMKTS:TPZEF – Get Rating)’s share price fell 0.3% during trading on Wednesday . The company traded as low as $15.51 and last traded at $15.51. 242 shares were traded during trading, a decline of 94% from the average session volume of 3,907 shares. The stock had previously closed at $15.55.
Wall Street Analyst Weigh In
Several analysts have issued reports on the company. TD Securities upped their target price on Topaz Energy from C$22.00 to C$23.00 in a report on Tuesday, May 2nd. CIBC dropped their price objective on shares of Topaz Energy from C$27.00 to C$25.00 in a report on Friday, April 14th. Finally, Royal Bank of Canada reduced their target price on shares of Topaz Energy from C$30.00 to C$28.00 in a research note on Wednesday, March 1st.
Topaz Energy Stock Down 0.3 %
The company’s fifty day moving average is $14.79 and its two-hundred day moving average is $14.97.
About Topaz Energy
Topaz Energy Corp. operates as a royalty and energy infrastructure company. It operates in Royalty Production and Infrastructure segments. The company holds gross overriding royalty interests on approximately 5.3 million gross acres of developed and undeveloped lands. It is also involved in the natural gas processing and water management infrastructure activities.
Further Reading
- Get a free copy of the StockNews.com research report on Topaz Energy (TPZEF)
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