How Analysts Feel About BlackPearl Resources Inc. (TSE:PXX)?

March 14, 2018 - By Richard Conner

 How Analysts Feel About BlackPearl Resources Inc. (TSE:PXX)?

BlackPearl Resources Inc. (TSE:PXX) Ratings Coverage

Among 6 analysts covering Blackpearl Resources Inc. (TSE:PXX), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Blackpearl Resources Inc. had 25 analyst reports since August 6, 2015 according to SRatingsIntel. RBC Capital Markets initiated the shares of PXX in report on Friday, June 24 with “Sector Perform” rating. The rating was maintained by Canaccord Genuity on Tuesday, November 22 with “Speculative Buy”. As per Thursday, August 11, the company rating was maintained by Scotia Capital. The rating was upgraded by RBC Capital Markets to “Outperform” on Friday, November 4. Scotia Capital maintained it with “Sector Perform” rating and $2.25 target in Friday, February 24 report. The stock of BlackPearl Resources Inc. (TSE:PXX) earned “Buy” rating by Canaccord Genuity on Monday, December 5. Below is a list of BlackPearl Resources Inc. (TSE:PXX) latest ratings and price target changes.

The stock decreased 0.91% or $0.01 during the last trading session, reaching $1.09. About 48,700 shares traded. BlackPearl Resources Inc. (TSE:PXX) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

BlackPearl Resources Inc. engages in the acquisition, exploration, development, and production of heavy crude oil, bitumen, and natural gas in Canada. The company has market cap of $366.54 million. The Company’s principal properties include the Mooney oil property with an area of approximately 39,680 acres located in north-central Alberta; the Blackrod oil sands project with oil sand leases and permits covering an area of approximately 42,880 acres situated in the Blackrod area of northern Alberta; and the Onion Lake oil property with an area of approximately 8,094 net acres located in Saskatchewan. It has a 21.8 P/E ratio. The firm was formerly known as Pearl Exploration and Production Ltd. and changed its name to BlackPearl Resources Inc. in May 2009.

More notable recent BlackPearl Resources Inc. (TSE:PXX) news were published by: which released: “Updated Share Capital and Voting Rights for BlackPearl” on February 28, 2018, also with their article: “BLACKPEARL ANNOUNCES $75 MILLION SENIOR SECURED SECOND LIEN NOTE FINANCING AND …” published on June 30, 2017, published: “BLACKPEARL ANNOUNCES ONION LAKE CONSTRUCTION UPDATE, PROVIDES Q4 PRODUCTION …” on January 30, 2018. More interesting news about BlackPearl Resources Inc. (TSE:PXX) were released by: and their article: “CANADA RESEARCH ROUNDUP-Blackpearl Resources, Teck Resources” published on March 24, 2016 as well as‘s news article titled: “BlackPearl Announces Fourth Quarter and Full Year 2017 Financial and Operating …” with publication date: February 22, 2018.

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