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Raging River Exploration Inc (TSE:RRX) stock price target increased to $10.00, issued a report today by BMO Capital Markets

Yesterday Raging River Exploration Inc (TSE:RRX) traded 2.02% higher at $7.05. The company’s 50-day moving average is $6.98 and its 200-day moving average is $8.04. The last closing price is down -12.08% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 1,412,377 shares of the stock traded hands, up from an average trading volume of 635,513

In a report released on 9/13/2017 BMO Capital Markets increased the stock price target of Raging River Exploration Inc (TSE:RRX) to $10.00 indicating a possible upside of 0.42%.

Previously on 7/20/2017, RBC Capital Markets reported on Raging River Exploration Inc (TSE:RRX) reduced the target price from $13.00 to $10.00. At the time, this indicated a possible upside of 0.26%.

See Chart Below

Raging River Exploration Inc (TSE:RRX)

Raging River Exploration Inc has a 52 week low of $6.25 and a 52 week high of $11.87 with a P/E ratio of 27.51 The company’s market cap is currently $0.

In addition to BMO Capital Markets reporting its stock price target, a total of 16 brokers have issued a report on the company. The average stock price target is $9.83 with 3 brokers rating the stock a strong buy, 11 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Raging River Exploration Inc (TSE:RRX)

Raging River Exploration Inc is a Canada-based oil and gas company. The Company is engaged in oil and natural gas production, exploitation and acquisition in the Dodsland area of southwest Saskatchewan. The Company's area of operations is located in the Viking light oil fairway at the greater Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. The Company's holdings in the Dodsland area in southwest Saskatchewan include approximately 327,380 gross acres of total land. The Company has over 2,190 oil wells in the Dodsland area in southwest Saskatchewan. The Company's holdings in the Esther area in southeast Alberta include approximately 84,760 gross acres of total land. The Company has over 60 oil wells in the Esther area in southeast Alberta.

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