Analyst Price Target is $6.28
▲ +27.90% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Storm Resources in the last 3 months. The average price target is $6.28, with a high forecast of $6.28 and a low forecast of $6.28. The average price target represents a 27.90% upside from the last price of $4.91.
Current Consensus is
The current consensus among 2 contributing investment analysts is to buy stock in Storm Resources. This rating has held steady since October 2020, when it changed from a Hold consensus rating.
Storm Resources Ltd. operates as development company, which engages in the exploration and acquisition of oil, natural gas, and liquids reserves. It focuses on capital investment discipline with strict adherence to production and cash flow growth. It operates in northeast British Columbia and has a focused asset base with large land positions in resource plays at Umbach. The company was founded on June 8, 2010 and is headquartered in Calgary, Canada.