Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Based in Calgary, Canada, Arrow Exploration Corp. operates as a junior oil and gas firm. Its core activities involve the acquisition, exploration, development, and production of oil and gas properties across Colombia and Western Canada. By the close of 2021 (December 31), the company reported interests in six oil blocks in Colombia, spanning approximately 227,005 net acres. Concurrently, it held oil and natural gas leases across seven Canadian locations, covering a total of about 254,003 net acres.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on EV/EBITD.
Target Price
The average target price of AXL.V is 0.30 and suggests 44% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to de