FY2017 Earnings Forecast for Prairie Provident Resources Inc Issued By Beacon Securities (PPR)

Posted by on Apr 22nd, 2017

Prairie Provident Resources Inc (TSE:PPR) – Stock analysts at Beacon Securities lifted their FY2017 EPS estimates for Prairie Provident Resources in a note issued to investors on Wednesday, according to Zacks Investment Research. Beacon Securities analyst K. Wilson now forecasts that the company will earn $0.02 per share for the year, up from their prior estimate of ($0.04). Beacon Securities also issued estimates for Prairie Provident Resources’ Q4 2017 earnings at $0.02 EPS.

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Shares of Prairie Provident Resources (TSE:PPR) remained flat at $0.60 on Friday. The company had a trading volume of 51,196 shares. The company has a 50-day moving average of $0.63 and a 200-day moving average of $0.74. Prairie Provident Resources has a 12 month low of $0.58 and a 12 month high of $1.25.

Prairie Provident Resources Company Profile

Prairie Provident Resources Inc is a Canada-based company engaged in the exploration and development of oil and natural gas properties in Alberta, Canada. The Company’s strategy is to grow organically in combination with acquisitions of conventional oil prospects, which can be developed. Prairie Provident Resources Inc’s operations are primarily focused at Wheatland and Princess in Southern Alberta targeting the Lithic Glauc formation and consisting of approximately 79,000 net acres , along with an early stage waterflood project at Evi in the Peace River Arch area of Northern Alberta, consisting of approximately 31,550 net acres.

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