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A statement released earlier today by RBC Capital Markets about Source Energy Services (TSE:SHLE) bumps the target price to $13.00

Just yesterday Source Energy Services (TSE:SHLE) traded 1.94% higher at $9.57. Source Energy Services’s 50-day moving average is $7.70 and its 200-day moving average is $8.39. The last stock price is up -18.60% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.01% over the same time period. 16,700 shares of SHLE traded hands, down from an average trading volume of 27,011

In a report released on Tuesday May 23, 2017 RBC Capital Markets increased the stock price target of Source Energy Services (TSE:SHLE) to $13.00 reporting a possible upside of 0.36%.

Previously on 05/03/2017, RBC Capital Markets released a statement about Source Energy Services (TSE:SHLE) increased the target price from $0.00 to $13.00. At the time, this indicated a possible upside of 0.32%.

Recent Performance Chart

Source Energy Services (TSE:SHLE)

Source Energy Services has 52 week low of $5.68 and a 52 week high of $10.80 and has a market capitalization of $0.

Brief Synopsis On Source Energy Services (TSE:SHLE)

Source Energy Services Ltd is a Canada-based producer, supplier and distributer of Northern White frac sand to the Western Canadian Sedimentary Basin (WCSB). The Company's services include Proppants, Logistics, Terminals, Chemicals and Field Solutions. Its Sumner facility offers silica proppant with proppant sizes of 20/40, 30/50, 40/70 and 100 mesh. Its terminals in Wembley, Alberta are designed to receive and unload unit trains of up to 100 rail cars. Its terminals also located in Red Deer, Wembley and Grande Prairie. Its terminals across North America are designed to incorporate chemical storage and handling capabilities. Its Sahara Unit is a mobile storage unit for well site proppants and stores approximately 1,800 metric tons of material. It provides end-to-end solution through its Wisconsin mine assets, processing facilities, unit train capable rail assets, strategically located terminal network and last mile logistics capabilities.

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