Canaccord Genuity Gives a Hold Rating to Marquee Energy Ltd

By Austin Angelo

In a latest note to investors, a research analyst has provided a rating update for the NA sector company, Marquee Energy Ltd (TSXV: MQX). Analyst Anthony Petrucci from Canaccord Genuity rated Marquee Energy Ltd (TSXV: MQX) a Hold on yesterday.

According to TipRanks.com, Petrucci is ranked 0 out of 5 stars with an average return of -4.2% and a 25.6% success rate. Petrucci covers the Basic Materials sector, focusing on stocks such as Tamarack Valley Energy Ltd, Crescent Point Energy, and Bellatrix Exploration.

Marquee Energy Ltd has an analyst consensus of Hold, with a price target consensus of C$0.10.

Marquee Energy Ltd’s market cap is currently C$15.94M and has a P/E ratio of 0.

Marquee Energy Ltd. operates as a junior energy company which focuses on light oil development services. It has operations in Alberta and Saskatchewan. The firm has ownership and control of oil battery and terminal and gas plants with gathering systems. The company was founded on September 17, 2009 and is headquartered in Calgary, Canada.

The company’s shares closed last Wednesday at $0.08, close to its 52-week low of $0.07.