CIBC Reiterates Buy Rating for PrairieSky Royalty (PREKF)

PrairieSky Royalty (OTCMKTS:PREKF)‘s stock had its “buy” rating reiterated by CIBC in a research report issued on Sunday.

OTCMKTS:PREKF opened at $17.89 on Friday. PrairieSky Royalty has a 1-year low of $17.58 and a 1-year high of $28.00.

About PrairieSky Royalty

PrairieSky Royalty Ltd. engages in crude oil and natural gas businesses in Canada. The company holds royalty interests in properties located in Alberta, Saskatchewan, British Columbia, and Manitoba. It hold interests in approximately 7.8 million acres with petroleum and/or natural gas rights; 1.1 million acres with coal; and 7.5 million acres of GORR Lands.

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