Lucero Energy (CVE:LOU) Upgraded to “Moderate Buy” by Cormark

Cormark upgraded shares of Lucero Energy (CVE:LOU) to a moderate buy rating in a research report released on Monday, Zacks.com reports.

Lucero Energy Stock Performance

Shares of LOU opened at C$0.48 on Monday. Lucero Energy has a 1 year low of C$0.48 and a 1 year high of C$0.72.

About Lucero Energy

Lucero Energy Corp., an independent oil company, engages in the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations in the Williston Basin area of North Dakota. The company was formerly known as PetroShale Inc and changed its name to Lucero Energy Corp.