Nuvista Energy (OTCMKTS:NUVSF) Earns “Buy” Rating from CIBC
A number of other brokerages also recently issued reports on NUVSF. Desjardins restated a buy rating on shares of Nuvista Energy in a report on Friday, November 2nd. TD Securities restated a buy rating on shares of Nuvista Energy in a report on Tuesday, November 13th. BMO Capital Markets restated a buy rating on shares of Nuvista Energy in a report on Tuesday, November 13th. Finally, Canaccord Genuity restated a buy rating on shares of Nuvista Energy in a report on Monday, November 12th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Nuvista Energy presently has a consensus rating of Buy.
OTCMKTS:NUVSF traded up $0.17 during mid-day trading on Tuesday, reaching $2.74. 34,101 shares of the company’s stock traded hands, compared to its average volume of 7,073. Nuvista Energy has a 12-month low of $2.57 and a 12-month high of $7.50.
NuVista Energy Ltd., an exploration and production company, engages in the development, delineation, and production of condensate, oil, and natural gas reserves in the Western Canadian Sedimentary Basin in Canada. It primarily focuses on the condensate-rich Montney formation in the Wapiti area of the Alberta Deep Basin.
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