This summary was created by AI, based on 1 opinions in the last 12 months.
Greenfire Resources (GFR-T) is trading at $10.32 and has seen a 50% increase in value year to date. It is considered as a small-cap oil sands company with significant ownership by Eric, who owns about 2 million shares. Recent news of Adam Waterous purchasing 43% of the company has raised speculation about a possible takeover and changes in the board. Overall, the future of Greenfire Resources seems uncertain due to the potential acquisition and board changes.
Greenfire Resources is a Canadian stock, trading under the symbol GFR-T on the Toronto Stock Exchange (GFR-CT). It is usually referred to as TSX:GFR or GFR-T
In the last year, 1 stock analyst published opinions about GFR-T. 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Greenfire Resources.
Greenfire Resources was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Greenfire Resources.
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.
In the last year, there was no coverage of Greenfire Resources published on Stockchase.
On 2024-12-13, Greenfire Resources (GFR-T) stock closed at a price of $9.51.
Small-cap oil sands. He owns about 2M shares. Has done pretty well. After a tussle, Adam Waterous purchased 43% two days ago. What happens now? Waterous wants his own board installed, foreshadows a takeover for more shares. He anticipates he'll get the 50% of votes required, the Board will leave, and Eric will sell his shares at $10.90 early next year.