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Surge Energy's stock dropped 11.2% after analyst downgrades, but it still offers an 11.55% dividend yield.
Surge Energy's stock fell 11.2% on Thursday, reaching C$4.50 per share.
The decline followed downgrades from analysts at Raymond James and BMO Capital Markets, who reduced their price targets for the company.
Despite the drop, Surge Energy maintains a dividend yield of 11.55% and a market cap of C$452.53 million.
The company is involved in oil and gas exploration and production in western Canada.
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Las acciones de Surge Energy cayeron un 11,2% después de que los analistas bajaran, pero todavía ofrece un rendimiento de dividendos del 11,55%.