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A very volatile story. There’s a shareholders group that has an offer that they are now re-considering. The 2 main assets are Saskatchewan, which is very exciting, and a gas play in northeast B.C. that has had some dry holes. You are getting the latter one for free.
oil / gas
BUY
Have assets in Saskatchewan that is doing very well. Also a play in the northeast corner of British Columbia, which has had some disappointing results. Stock has been beaten up quite a bit. Into a valuation where it might be worthwhile thinking about.
oil / gas
TOP PICK
Inexpensive compared to its peers with a 5 X multiple. Expanding its production quite dramatically, basically doubling its growth. Focusing on light oil which is a better place to be than gas.
oil / gas
TOP PICK
Likes the production growth that it is giving on a per share basis. 2003's production was about 600 barrels, 2004 was about 1,400 and guidance for 2005 is about 2,000. Management owns about 25% of it.
oil / gas
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Innova Exploration Ltd.(IXL-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Innova Exploration Ltd. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Innova Exploration Ltd.(IXL-T) Frequently Asked Questions

What is Innova Exploration Ltd. stock symbol?

Innova Exploration Ltd. is a OTC stock, trading under the symbol IXL-T on the (). It is usually referred to as or IXL-T

Is Innova Exploration Ltd. a buy or a sell?

In the last year, there was no coverage of Innova Exploration Ltd. published on Stockchase.

Is Innova Exploration Ltd. a good investment or a top pick?

Innova Exploration Ltd. was recommended as a Top Pick by on . Read the latest stock experts ratings for Innova Exploration Ltd..

Why is Innova Exploration Ltd. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Innova Exploration Ltd. worth watching?

In the last year 0 stock analysts on Stockchase covered Innova Exploration Ltd.. The stock is worth watching.

What is Innova Exploration Ltd. stock price?

On , Innova Exploration Ltd. (IXL-T) stock closed at a price of $.