Coelacanth Energy (CVE:CEI) Rating Increased to Moderate Buy at Cormark

Cormark upgraded shares of Coelacanth Energy (CVE:CEI) to a moderate buy rating in a report published on Monday morning, Zacks.com reports.

Coelacanth Energy Stock Down 2.5 %

CVE:CEI opened at C$0.78 on Monday. Coelacanth Energy has a 12 month low of C$0.67 and a 12 month high of C$0.93.

About Coelacanth Energy

Coelacanth Energy Inc, an oil and natural gas company, engages in the acquisition, development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada. The company owns approximately 150 net sections of Montney acreage located in the Two Rivers area of northeastern British Columbia.