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Arrow Exploration Corp (AXL) Gets a Buy from Canaccord Genuity

Arrow Exploration Corp (AXL) Gets a Buy from Canaccord Genuity

Canaccord Genuity analyst Charlie Sharp maintained a Buy rating on Arrow Exploration Corp today and set a price target of C$0.30. The company's shares opened today at C$0.34.
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Sharp covers the Energy sector, focusing on stocks such as Arrow Exploration Corp, Vaalco Energy, and Nostrum Oil & Gas. According to TipRanks, Sharp has an average return of 24.5% and a 53.21% success rate on recommended stocks.
Currently, the analyst consensus on Arrow Exploration Corp is a Moderate Buy with an average price target of C$0.51.
Based on Arrow Exploration Corp's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$23.97 million and a net profit of C$2.08 million. In comparison, last year the company earned a revenue of C$15.11 million and had a GAAP net loss of C$10.49 million
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