Advertisement
Canada markets close in 4 hours 49 minutes
  • S&P/TSX

    21,610.13
    -130.07 (-0.60%)
     
  • S&P 500

    5,053.00
    -8.82 (-0.17%)
     
  • DOW

    37,812.17
    +77.06 (+0.20%)
     
  • CAD/USD

    0.7236
    -0.0017 (-0.23%)
     
  • CRUDE OIL

    85.67
    +0.26 (+0.30%)
     
  • Bitcoin CAD

    86,037.35
    -2,898.63 (-3.26%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,400.80
    +17.80 (+0.75%)
     
  • RUSSELL 2000

    1,958.20
    -17.51 (-0.89%)
     
  • 10-Yr Bond

    4.6490
    +0.0210 (+0.45%)
     
  • NASDAQ

    15,877.40
    -7.62 (-0.05%)
     
  • VOLATILITY

    19.01
    -0.22 (-1.14%)
     
  • FTSE

    7,818.03
    -147.50 (-1.85%)
     
  • NIKKEI 225

    38,471.20
    -761.60 (-1.94%)
     
  • CAD/EUR

    0.6799
    -0.0025 (-0.37%)
     

Today's Research Reports on Alderon Iron Ore, Peyto Exploration & Development, TORC Oil & Gas and Parex Resources

NEW YORK, NY / ACCESSWIRE / August 27, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us free at http://rdinvesting.com and get exclusive access to our numerous research reports and market updates.

RDI Initiates Coverage on:

Alderon Iron Ore Corp.
https://rdinvesting.com/news/?ticker=IRON.TO

Peyto Exploration & Development Corp.
https://rdinvesting.com/news/?ticker=PEY.TO

TORC Oil & Gas Ltd.
https://rdinvesting.com/news/?ticker=TOG.TO

Parex Resources Inc.
https://rdinvesting.com/news/?ticker=PXT.TO

ADVERTISEMENT

Alderon Iron Ore's stock had no change Friday, to close the day at $0.29. The stock recorded a trading volume of 12,050 shares, which was below its three months average volume of 45,725 shares. In the last year, Alderon Iron Ore's shares have traded in a range of 0.21 - 0.38. The share price has gained 38.10% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $0.31 is greater than its 200-day moving average of $0.30. Shares of Alderon Iron Ore have gained approximately 26.09 percent year-to-date.

Access RDI's Alderon Iron Ore Corp. Research Report at:
https://rdinvesting.com/news/?ticker=IRON.TO

On Friday, shares of Peyto Exploration & Development recorded a trading volume of 747,020 shares, which was below the three months average volume of 760,177 shares. The stock ended the day 2.48% higher at 10.75. The stock is currently trading 52.81% below its 52 week high with a 52 week trading range of 9.83 - 22.78. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $10.53 is below its 200-day moving average of $10.74. Shares of the company are trading at a Price to Earnings ratio of 10.16. Shares of Peyto Exploration & Development have fallen approximately 28.48 percent year-to-date.

Access RDI's Peyto Exploration & Development Corp. Research Report at:
https://rdinvesting.com/news/?ticker=PEY.TO

TORC Oil & Gas' stock edged 0.67% lower Friday, to close the day at $7.44. The stock recorded a trading volume of 291,275 shares, which was below its three months average volume of 673,520 shares. In the last year, TORC Oil & Gas' shares have traded in a range of 4.79 - 8.12. The share price has gained 55.32% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $7.60 is greater than its 200-day moving average of $7.12. Shares of the company are trading at a Price to Earnings ratio of 1,240.00. Shares of TORC Oil & Gas have fallen approximately 1.33 percent year-to-date.

Access RDI's TORC Oil & Gas Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=TOG.TO

On Friday, shares of Parex Resources recorded a trading volume of 616,703 shares, which was below the three months average volume of 695,955 shares. The stock ended the day 1.78% higher at 19.45. The share price has gained 59.56% from its 52 week low with a 52 week trading range of 12.19 - 26.78. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $21.85 is greater than its 200-day moving average of $21.21. Shares of the company are trading at a Price to Earnings ratio of 8.29. Shares of Parex Resources have gained approximately 7.1 percent year-to-date.

Access RDI's Parex Resources Inc. Research Report at:
https://rdinvesting.com/news/?ticker=PXT.TO

Our Actionable Research on Alderon Iron Ore Corp. (TSX: IRON.TO) and Peyto Exploration & Development Corp. (TSX: PEY.TO) and TORC Oil & Gas Ltd. (TSX: TOG.TO) and Parex Resources Inc. (TSX: PXT.TO) can be downloaded free of charge at Research Driven Investing.

Research Driven Investing

We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.

RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

CONTACT

For any questions, inquiries, or comments reach out to us directly at:

Address:

Email:

contact@rdinvesting.com

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: RDInvesting.com