RBC Rates PrairieSky Royalty Ltd. Shares at 'Moderate Buy'
1 report, 1 independent
Updated Mon 00:00
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What happened
Royal Bank of Canada provided research ratings on shares of PrairieSky Royalty Ltd. The company is a Canadian royalty company that owns and manages mineral title lands primarily in the Western Canadian Sedimentary Basin. The average recommendation from the seven research firms covering the company was 'Moderate Buy,' with four ratings assigned 'buy' and three assigned 'hold.'
From dailypolitical.com
Why it matters
PrairieSky Royalty Ltd. generates revenue through royalties, lease payments, rentals, and bonuses associated with the development of its oil and natural gas producing lands. The ratings reflect market sentiment regarding the company's mineral interests.
From dailypolitical.com
Who's involved
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The entities involved
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Western Canada
geographical region of Canada
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Royal Bank of Canada
financial institution in Canada