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small-cap

Business Insights on One Energy Stock - AAV

Nov 06, 2023 | Team Kalkine
Business Insights on One Energy Stock - AAV

Section1: Company Overview

Advantage Energy Ltd (TSX: AAV) supplies clean, affordable, reliable, and sustainable Canadian energy to power the needs of Canada and the world. It is focused on the development and delineation of its Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla, and Progress, Alberta. This Report covers the Investment Highlights, Key Financial Metrics, Risks associated along with the Valuation, Target Price, and Recommendation on the stock.

1.1 Investment Highlights

Section2:  Financial Highlights

 2.1 Key Financial Highlights

Section 3:  Stock Recommendation Summary

3.1 Valuation Methodology

Valuation Methodology (Illustrative): EV to Sales based

3.2 Price Performance and Stock Recommendation

The stock has witnessed an upside of ~14.52 and ~10.36% over the last 1 month and 3 month respectively. Moreover, the stock is trading above the average 52-week high price of CAD 12.19 and 52-week low price of CAD 6.79%, providing an opportunity to exit, as the prices are trading near the resistance and could make some correction. Advantage Energy Ltd (TSX: AAV) was last covered on 1st September 2023.

3.3 One-Year Technical Price Chart