Post by
DeanEdmonton on May 09, 2022 11:08am
Despite Very Strong Qquarterly Results
This stock is getting hammered along with the rest of the market. The good news is, the current quarter and the next 3 or 4 going forward are going to be even stronger than the one just reported on. My sell target still remains $6 for 50% and $7 for the rest, unless they put a dividend back in place, which I really don't see happening when they are packing $1.4 billion in debt.
Comment by
JohnSP on May 09, 2022 7:23pm
Indeed, share price now at CAD3.89, everything tanked today. FYI RBC today May 9 based on Q1 results, raised their 2023 share price target from CAD6.00 to CAD6.50. That's 67% higher than current.