HOUSTON AMERICN ENGY (HUSA) rated Speculative Buy with price target $25 by Canaccord Genuity
Canaccord Genuity rated Speculative Buy HOUSTON AMERICN ENGY (AMEX: HUSA) on 02/08/2011, when the stock price was $16.79.
Since then, HOUSTON AMERICN ENGY has lost 98.51% as of 05/21/2013's recent price of $0.25. If you would have followed this Canaccord Genuity's recommendation on HUSA, you would have lost 98.51% of your investment in 833 days.
Houston American Energy Corp. (HUSA) is an oil and gas exploration and production company. The Company?s oil and gas exploration and production activities are focused on properties in the United States onshore Gulf Coast Region, principally Texas and Louisiana, and development of concessions in the South American country of Colombia. Its exploration projects are focused on existing property interests, and future acquisition of additional property interests, in the onshore Texas Gulf Coast region, Colombia and Louisiana. Each of the Company?s exploration projects differs in scope and character and consists of one or more types of assets, such as three-dimensional (3-D) seismic data, leasehold positions, lease options, working interests in leases, partnership or limited liability company interests or other mineral rights.
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