Stock Rating Runner: Madalena Energy (CVE:MVN) Had Its PT Lowered by 42.86% at TD Securities to $0.20

November 25, 2016 - By Nellie Frank

Madalena Energy (CVE:MVN) Target Change

In a research report revealed to investors by TD Securities on 25 November, Madalena Energy (CVE:MVN) had its TP decreased to $0.20. The firm now has Speculative Buy rating on the stock.

It is down 6.00% since October 26, 2016 and is uptrending. It has outperformed by 0.59% the S&P500.

Madalena Energy Inc. is a Canada-based upstream gas and oil company. The company has a market cap of $38.06 million. The Firm is engaged primarily in the exploration and development of gas and oil. It currently has negative earnings. The Company’s divisions include Canada and Argentina.

More notable recent Madalena Energy Inc (CVE:MVN) news were published by: Prnewswire.com which released: “Madalena Energy Inc. Announces Executive and Board Changes” on March 24, 2016, also Prnewswire.com with their article: “Madalena Energy Inc. and Maglan Capital Announce Agreement and Board Changes” published on January 26, 2015, Marketwired.com published: “Point Loma Resources Ltd. & Madalena Energy Inc. Announce Closing of Asset …” on June 29, 2016. More interesting news about Madalena Energy Inc (CVE:MVN) were released by: Seekingalpha.com and their article: “Madalena Energy Is Very Promising, But Needs Financing” published on June 20, 2016 as well as Business.Financialpost.com‘s news article titled: “Prevailing market conditions doom Madalena Energy’s financing and acquisition” with publication date: March 14, 2016.

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