▼ -100.00% Downside Potential
This price target is based on 1 analysts offering 12 month price targets for Petro Matad in the last 3 months. The average price target is $0.00, with a high forecast of $0.00 and a low forecast of $10,000,000.00. The average price target represents a -100.00% upside from the last price of $0.11.
The current consensus among 1 contributing investment analysts is to hold stock in Petro Matad.
Petro Matad Limited, together with its subsidiaries, explores for, develops, and produces oil in Mongolia. It holds 100% interests in production sharing contract blocks, including Bogd Block IV and Ongi Block V that covers an area of approximately 50,000 square kilometers; and Matad Block XX that consists of an area of approximately 10,340 square kilometers in Mongolia. The company was incorporated in 2007 and is based in Douglas, the United Kingdom.