Jason Jowill Jaskela Sells 3,960 Shares of Raging River Exploration Inc (RRX) Stock

Raging River Exploration Inc (TSE:RRX) insider Jason Jowill Jaskela sold 3,960 shares of the firm’s stock in a transaction dated Wednesday, June 27th. The stock was sold at an average price of C$5.79, for a total transaction of C$22,928.40.

Shares of Raging River Exploration opened at C$5.66 on Friday, Marketbeat Ratings reports. Raging River Exploration Inc has a 12-month low of C$5.42 and a 12-month high of C$8.89.

Raging River Exploration (TSE:RRX) last announced its earnings results on Monday, May 14th. The company reported C$0.09 EPS for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.02). The business had revenue of C$136.31 million during the quarter, compared to analyst estimates of C$126.70 million.

A number of equities analysts recently commented on RRX shares. CIBC lowered their price target on shares of Raging River Exploration from C$8.00 to C$7.50 in a research report on Tuesday, March 20th. TD Securities downgraded shares of Raging River Exploration from an “action list buy” rating to a “buy” rating and set a C$12.50 price objective on the stock. in a research note on Thursday, March 22nd. Scotiabank reduced their price objective on shares of Raging River Exploration from C$11.50 to C$10.50 and set an “outperform” rating on the stock in a research note on Tuesday, March 6th. BMO Capital Markets downgraded shares of Raging River Exploration from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from C$10.00 to C$7.00 in a research note on Tuesday, March 6th. Finally, Raymond James increased their price objective on shares of Raging River Exploration from C$7.00 to C$7.50 in a research note on Tuesday, April 24th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of C$9.32.

Raging River Exploration Company Profile

Raging River Exploration Inc engages in the exploration, development, and production of crude oil and natural gas properties in Western Canada. The company primarily holds interests in the properties located in the Viking light oil fairway at the greater Dodsland area in southwest Saskatchewan; and in the Esther area of southeastern Alberta.

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