Discussion stirs around Zargon Oil & Gas Ltd (TSE:ZAR) this week; here is what analysts are saying.

February 15, 2018 - By Vivian Currie

 Discussion stirs around Zargon Oil & Gas Ltd (TSE:ZAR) this week; here is what analysts are saying.

Zargon Oil & Gas Ltd (TSE:ZAR) Ratings Coverage

Among 3 analysts covering Zargon Oil & Gas (TSE:ZAR), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Zargon Oil & Gas had 9 analyst reports since August 14, 2015 according to SRatingsIntel. The stock has “Hold” rating by TD Securities on Friday, August 12. Below is a list of Zargon Oil & Gas Ltd (TSE:ZAR) latest ratings and price target changes.

It closed at $0.425 lastly. It is down 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Zargon Oil & Gas Ltd. engages in the exploration, development, and production of oil and natural gas in Canada and the United States. The company has market cap of $13.09 million. The firm holds interest in Alberta Plains North, Alberta Plains South, and Williston Basin areas. It currently has negative earnings. As of December 31, 2016, it had proved and probable reserves of 12.91 million barrels of oil equivalent.

More notable recent Zargon Oil & Gas Ltd (TSE:ZAR) news were published by: Globenewswire.com which released: “Zargon Oil & Gas Ltd. Report on Voting From the 2017 Shareholders Meeting” on May 30, 2017, also Seekingalpha.com with their article: “Is Zargon Oil And Gas A Bargain Or A Bust?” published on August 26, 2016, Seekingalpha.com published: “Zargon Oil And Gas Is Now Deeply Undervalued, Here’s Why” on August 11, 2016. More interesting news about Zargon Oil & Gas Ltd (TSE:ZAR) were released by: Marketwired.com and their article: “Zargon Oil & Gas Ltd. Announces Proposal to Amend Its Convertible Unsecured …” published on January 06, 2017 as well as Marketwired.com‘s news article titled: “Zargon Oil & Gas Ltd. Announces the Closing of the Sale of Southeast …” with publication date: September 01, 2016.

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