Lycos Energy Inc. (CVE:LCX – Get Free Report) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$1.60 and last traded at C$1.60, with a volume of 500 shares trading hands. The stock had previously closed at C$1.70.
Analysts Set New Price Targets
Separately, National Bankshares decreased their target price on Lycos Energy from C$5.25 to C$4.75 and set an “outperform” rating for the company in a research report on Thursday, January 30th.
Check Out Our Latest Stock Report on Lycos Energy
Lycos Energy Price Performance
Lycos Energy Company Profile
Lycos Energy Inc, a junior resource company, engages in the development and production of petroleum and natural gas in Western Canada. The company operates heavy-oil development assets in the Gull Lake area of southwest Saskatchewan and heavy-oil assets in the Lloydminster area. Lycos Energy Inc is headquartered in Calgary, Canada.
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