Cathedral Energy Services Ltd (CET) Given New C$2.50 Price Target at GMP Securities

Cathedral Energy Services Ltd (TSE:CET) had its price target hoisted by GMP Securities from C$2.00 to C$2.50 in a report published on Monday.

Cathedral Energy Services (CET) traded down C$0.04 during midday trading on Monday, reaching C$1.70. The company had a trading volume of 507,004 shares, compared to its average volume of 193,198. Cathedral Energy Services has a 12 month low of C$0.34 and a 12 month high of C$2.02.

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In other Cathedral Energy Services news, insider Dan Wilks purchased 62,000 shares of Cathedral Energy Services stock in a transaction that occurred on Friday, November 3rd. The stock was bought at an average price of C$1.58 per share, with a total value of C$97,960.00. Insiders purchased a total of 1,143,622 shares of company stock valued at $1,630,873 in the last ninety days.

Cathedral Energy Services Company Profile

Cathedral Energy Services Ltd is a Canada-based company, which is engaged in the business of providing selected oilfield services to oil and natural gas exploration and development entities in western Canada and the United States. The Company carries on its activities in Canada and the United States under the name Cathedral Energy Services with operating division Directional Drilling.

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