BMO Capital Markets assumed coverage on shares of Greenfire Resources (NYSE:GFR – Free Report) in a report published on Thursday morning, Marketbeat.com reports. The firm issued an outperform rating and a $10.50 price objective on the stock.
Greenfire Resources Trading Down 0.3 %
GFR opened at $5.99 on Thursday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.70 and a current ratio of 0.76. The stock’s 50 day simple moving average is $6.00 and its 200 day simple moving average is $5.69. Greenfire Resources has a 1-year low of $4.68 and a 1-year high of $9.90.
Greenfire Resources (NYSE:GFR – Get Free Report) last released its quarterly earnings results on Wednesday, May 15th. The company reported ($0.51) earnings per share for the quarter. The company had revenue of $149.09 million during the quarter.
Institutional Investors Weigh In On Greenfire Resources
Greenfire Resources Company Profile
Greenfire Resources Ltd., together with its subsidiaries, engages in the development, exploration, and operation of oil and gas properties in the Athabasca oil sands region of Alberta. The company operates the Tier-1 oil sands assets located in Western Canada. It utilizes steam-assisted gravity drainage (SAGD) extraction technology, a situ thermal oil recovery process to recover diluted and non- diluted bitumen.
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