PrairieSky Royalty traded at 33.14 this Friday May 8th, decreasing 0.25 or 0.75 percent since the previous trading session. Looking back, over the last four weeks, PrairieSky Royalty lost 5.54 percent. Over the last 12 months, its price rose by 43.22 percent. Looking ahead, we forecast PrairieSky Royalty to be priced at 33.65 by the end of this quarter and at 31.63 in one year, according to Trading Economics global macro models projections and analysts expectations.
PrairieSky Royalty Ltd. is a Canada-based company, which offers a portfolio of royalty lands in Canada. The Company’s asset base includes a geologically and geographically diverse portfolio of Fee Lands that encompasses approximately 7.8 million acres with petroleum and/or natural gas rights, an additional 1.1 million acres in coal only titles, and approximately 7.8 million acres of GORR Lands and other acreage. The Fee Lands are predominantly in central and southern Alberta and western Saskatchewan. The Company’s operations include royalty income earned through crude oil, natural gas liquids and natural gas produced on the Royalty Properties.