BMO Capital Markets Boosts Source Energy Services (TSE:SHLE) Price Target to C$20.00

Source Energy Services (TSE:SHLE) had its price target lifted by BMO Capital Markets from C$18.00 to C$20.00 in a research note issued to investors on Friday, BayStreet.CA reports. They currently have a market perform rating on the stock.

Source Energy Services Trading Down 10.3 %

Shares of Source Energy Services stock opened at C$12.94 on Friday. The firm has a 50-day moving average of C$11.29 and a 200-day moving average of C$11.25. The stock has a market cap of C$175.34 million, a PE ratio of 1.13 and a beta of 2.91. Source Energy Services has a 52-week low of C$4.03 and a 52-week high of C$18.45. The company has a debt-to-equity ratio of 145.80, a quick ratio of 0.22 and a current ratio of 0.61.

Source Energy Services Company Profile

Source Energy Services Ltd. engages in the production and distribution of Northern White frac sand used primarily in oil and gas exploration and production in Canada and the United States. It also provides storage and logistics services for other bulk oil and gas well completion materials; and develops Sahara, a wellsite mobile sand storage and handling system.