CanCambria EnergyCCEC.TOHOLDNov 11, 2026Stock price when the opinion was issued
It has long term optionalities with a big gas find in Hungary along with a shorter term play with its shallow oil discovery. There are several catalysts coming up and they are looking for a joint venture partner for a big mining play. It is also in Europe which is a huge market for natural gas priced at $20 t0 $27. Even at a mid-cycle price of $10 this could still be very significant. With two catalysts in the next 6 to 9 months, it has enormous upside should this go ahead.
But 1 Hold 0 Sell 0
Still has tremendous upside. His target price is significantly higher. Disappointing that it did financing (especially right after he'd made it a Top Pick). Having to raise $$ is typical of these small, pre-revenue companies.
Lots of projects in the hopper. Nat gas prices are much higher in Europe than in NA. Longer-term story. He'd hold on, stock's pretty much at a floor.