Halcon Resources (CVE:HK) Rating Improved

Johnson Rice boosted Halcon Resources (CVE:HK)’s stock to “Buy” rating from “Accumulate”. This rating change was made public in a report today.

In spite of this rating upgrade CVE:HK is at the moment trading 0.00% lower at $0.00 as of 2:05 AM New York time. Halcon Resources shares have [From2] 0% in the last 200 days, while the Standard & Poor’s 500 index has gained 6.00% during the same time.

Halcon Resources (CVE:HK) Profile

Huakan International Mining Inc., formerly Merit Mining Corp., is a Canada-based company focused on developing gold, silver, and non-ferrous mineral projects through acquisition, exploration, and development of precious and base metals deposits. The Company is currently focused on advancing its 100% owned J&L Preliminary Economic Assessment (PEA) stage project, located near Revelstoke, British Columbia which includes two deposits with high grades, 3052 hectare land package, 311 drill holes and 3 kilometers of underground development. The company also re-acquired the Greenwood Gold project which is composed of the permitted Lexington gold-copper mine, golden crown gold copper deposit and a 200 tpd gravity flotation mill and tailings facility.

Halcon Resources (CVE:HK) closed at $0 yesterday. A total of shares of the company’s stock traded hands. This is down from average of shares. Halcon Resources has a 52 week low of $0.05 and a 52 week high of $0.48. The company has a market cap of $ and a P/E ratio of 0.

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The post Halcon Resources (CVE:HK) was Improved by Analysts at Johnson Rice from a “Accumulate” Rating to “Buy” One appeared first on Octafinance.