Athabasca Oil (OTCMKTS:ATHOF) PT Raised to C$3.50

Athabasca Oil (OTCMKTS:ATHOF – Get Rating) had its price target lifted by stock analysts at Royal Bank of Canada from C$3.00 to C$3.50 in a research note issued on Thursday, The Fly reports.

Athabasca Oil Stock Performance

OTCMKTS:ATHOF opened at $2.35 on Thursday. The stock’s 50 day moving average price is $1.95 and its 200 day moving average price is $1.87. Athabasca Oil has a 52 week low of $1.37 and a 52 week high of $2.74.

About Athabasca Oil

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Athabasca Oil Corp. is an exploration and production company, which engages in the development of thermal and light oil assets. It operates through the Thermal Oil and Light Oil division. The Light Oil division includes the production of oil and liquids-rich natural gas from unconventional reservoirs .