CONA has been the topic of several other research reports. TD Securities upped their price target on Cona Resources from C$2.25 to C$2.75 and gave the stock a hold rating in a report on Wednesday, November 15th. BMO Capital Markets restated an underperform rating and set a C$2.50 price target on shares of Cona Resources in a report on Wednesday, November 15th. One equities research analyst has rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. Cona Resources currently has an average rating of Hold and an average price target of C$2.84.
Shares of Cona Resources (TSE:CONA) opened at C$2.45 on Thursday. Cona Resources has a 1-year low of C$1.78 and a 1-year high of C$3.68. The firm has a market capitalization of $247.46, a PE ratio of -3.02 and a beta of 1.52.
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Cona Resources Ltd. acquires, explores for, develops, and produces petroleum and natural gas reserves in western Canada. Its focused and concentrated asset base comprise approximately 160,000 net acres located along the Alberta and Saskatchewan border. The company was formerly known as Northern Blizzard Resources Inc and changed its name to Cona Resources Ltd.
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