Athabasca Oil (OTCMKTS:ATHOF) Receives New Coverage from Analysts at Raymond James

Raymond James assumed coverage on shares of Athabasca Oil (OTCMKTS:ATHOFFree Report) in a report published on Friday, Benzinga reports. The firm issued a market perform rating and a $5.50 price target on the stock.

Athabasca Oil Trading Down 1.1 %

ATHOF stock opened at $3.70 on Friday. The business’s fifty day moving average price is $3.83 and its 200 day moving average price is $3.76. Athabasca Oil has a 12-month low of $2.46 and a 12-month high of $4.19.

Athabasca Oil Company Profile

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Athabasca Oil Corporation engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. It operates through Thermal Oil and Light Oil segments. The company's principal properties are in the Greater Kaybob areas near the Town of Fox Creek in northwestern Alberta; and the Leismer/Corner, Hangingstone, and Dover West projects located in the Athabasca region of northeastern Alberta.

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