Alert: Major Price Advance (9/12/24)-Creek Road Miners Inc (NASDAQ: PROP).

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Creek Road Miners Inc (NASDAQ: PROP) stock enjoyed a major increase of 10.8% on 9/12/24. The shares closed at $9.16. Moreover, this advance was accompanied by exceptionally high trading volume at 354% of normal. The stock has been strong relative to the market over the last nine months and has risen 16.8% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, CRKR is expected to continue to be Value Creation neutral.

Creek Road Miners has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Creek Road Miners has a very low Appreciation Score of 13 but a good Power Rating of 73, with the Low Neutral Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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