NG Energy International Corp. (GASXF)

[inversor86]

Analysts' coverage.

I saw this blip doing some searching.
Petromanas Energy Inc.

Raymond James analyst Rafi Khouri upgraded Petromanas Energy to “outperform” from “market perform,” citing the stock’s recent price depreciation and working capital levels that should allow the company to comfortably fund its drilling program for the foreseeable future. “While PMI remains a higher risk exploration story, we believe that investors seeking exposure to a fully funded high impact drilling name should add shares following this recent pullback,” he said.

Upside: Mr. Khouri raised his price target by a nickel to 25 cents.

Saw Canaccord had a 12 month target of .95c but it's since passed the target date. I saw another at .39c that was recent. Either way considering Petromanas has the money to fund this project for quite some time current levels are too low. This isn't much different than owning a biotech coming up on FDA results. It should being to ramp up the closer they get to drilling results.