Market Advisors initiates coverage of KAL Energy, sets $2.55 price objective
Thursday May 31, 9:15 am ET
KAL Energy, Inc is pleased to announce Market Advisors, Inc. a stock research firm, has initiated coverage of KAL Energy, Inc. today with an intermediate-term price objective of $2.55.
"KAL Energy is a publicly traded junior coal mining company engaged in the exploration and development of the Thermal Coal resources of Kalimantan, Indonesia. Our price objective of $2.55 indicates a potential gain of nearly 120% from the current trading level. Our assessment of KAL Energy is well supported by its core business and future expansion plans.' commented Market Advisors, Inc."
Market Advisors, Inc. is a Nebraska-based, privately held stock research and analysis firm. Founded in 1983, Market Advisors Research provides economic, market and equity research and investment banking services. Our target audience is the underserved small-cap market. Market Advisors is committed to providing the highest quality investment research to the investing public allowing them to make informed decisions.
Market Advisors Research - KAL Energy Technical Investment Analysis [774 KB]