▲ +14.35% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Storm Resources in the last 3 months. The average price target is C$2.55, with a high forecast of C$3.25 and a low forecast of C$1.75. The average price target represents a 14.35% upside from the last price of C$2.23.
The current consensus among 3 contributing investment analysts is to hold stock in Storm Resources.
Storm Resources Ltd. operates as a crude oil and natural gas exploration and development company in Canada. The company primarily owns interest in lands covering an area of 121,000 net acres in 172 net sections located in Umbach, Nig, and Fireweed areas of Northeast British Columbia. As of December 31, 2018, it had 182,370 thousand barrels of oil equivalent of total proved plus probable reserves. Storm Resources Ltd. was incorporated in 2010 and is headquartered in Calgary, Canada.