Seven Generations Energy Ltd. (VII.TO) (TSE:VII) Reaches New 1-Year Low at $0.01

Seven Generations Energy Ltd. (VII.TO) (TSE:VII)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 696111 shares. The stock had previously closed at C$7.07.

A number of equities analysts have recently commented on the company. CIBC lifted their target price on Seven Generations Energy Ltd. (VII.TO) from C$6.50 to C$9.00 in a report on Wednesday, December 16th. ATB Capital lifted their target price on Seven Generations Energy Ltd. (VII.TO) from C$7.75 to C$9.50 in a research report on Monday. Scotiabank lifted their target price on Seven Generations Energy Ltd. (VII.TO) from C$8.00 to C$9.00 in a research report on Tuesday, October 13th. Raymond James lifted their target price on Seven Generations Energy Ltd. (VII.TO) from C$5.50 to C$6.50 and gave the company an “outperform” rating in a research report on Tuesday, November 10th. Finally, National Bank Financial lifted their target price on Seven Generations Energy Ltd. (VII.TO) from C$6.50 to C$8.00 and gave the company an “outperform” rating in a research report on Monday, November 16th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of C$7.11.

The company has a 50 day moving average of C$6.30 and a two-hundred day moving average of C$4.65. The company has a debt-to-equity ratio of 54.02, a quick ratio of 0.81 and a current ratio of 1.01. The stock has a market capitalization of C$2.33 billion and a PE ratio of -2.10.

Seven Generations Energy Ltd. (VII.TO) (TSE:VII) last posted its quarterly earnings results on Monday, November 9th. The company reported C($0.07) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C($0.04) by C($0.03). The business had revenue of C$568.90 million during the quarter, compared to analyst estimates of C$479.93 million. As a group, research analysts predict that Seven Generations Energy Ltd. will post 0.14 EPS for the current fiscal year.

In other Seven Generations Energy Ltd. (VII.TO) news, Senior Officer Kevin James Johnston sold 9,021 shares of the business’s stock in a transaction dated Friday, November 13th. The stock was sold at an average price of C$5.10, for a total transaction of C$46,007.10. Following the sale, the insider now owns 13,000 shares in the company, valued at approximately C$66,300.

Seven Generations Energy Ltd. (VII.TO) Company Profile (TSE:VII)

Seven Generations Energy Ltd., together with its subsidiary, engages in the development of oil and natural gas properties in Canada. The company holds interests in the Kakwa River project, a natural gas property covering approximately 528,000 net acres located in the Kakwa area of northwest Alberta. Seven Generations Energy Ltd.

Featured Article: Investing in Dividend Stocks