Greenfire Resources Ltd. experienced a notable increase in its stock price and trading volume recently.
Greenfire Resources Ltd. shares rose by 6.28% on the latest trading day, closing at C$9.68. This increase occurred alongside a trading volume of 2,500 shares, which is 1.31 times the 20-day average volume of 257,802 shares. Over the past week, the stock has gained 9.66%, and it has increased by 7.22% over the last month, contributing to a year-to-date rise of 44.68%.
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Greenfire Resources Ltd.
GFR.TO
GFR.TO
Greenfire Resources Ltd.
WealthAwesomeMarket cap
$2.32B
52W high
$9.96
52W low
$5.72
1W change
+9.66%
Beta
0.19
Analyst Price Targets
Based on analyst covering GFR · as of Sep 17, 2026
Wall Street analysts forecast GFR stock price to rise 18.1% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$11.40
+18.1% Upside
Current Price
C$9.65
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on GFR's historical volatility
30-Day Vol
44.7%
Annualized
90-Day Vol
47.9%
Annualized
Trend (90d)
+49.8%
Annualized drift
90d Mean
C$11.53
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$10.24 | C$8.78 – C$11.95 |
| 60 trading days | C$10.87 | C$8.74 – C$13.52 |
| 90 trading days | C$11.53 | C$8.83 – C$15.06 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: The recent price movement may prompt investors to monitor Greenfire Resources Ltd. for further developments.
Stock Surges 6.3% on 1.31x Average Volume
The increase in both price and volume indicates heightened investor interest in Greenfire Resources Ltd.
Bull case
The stock has performed strongly this year, rising 44.68%. Analysts are optimistic, with an average target price of C$11.40, indicating potential for further gains.
Bear case
Despite the recent gains, the company has a negative profit margin of -6.3% and a return on equity of -3.6%. These factors may raise concerns for some investors.
What Happened
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Greenfire Resources Ltd. saw its stock price increase by 6.28% on the latest trading day, closing at C$9.68. This movement was accompanied by a trading volume of 2,500 shares, which is significantly higher than the company's usual trading volume, indicating increased investor activity. The stock's performance over the past week has been strong, with a gain of 9.66%, while it has risen 7.22% over the past month. Year-to-date, the stock has performed exceptionally well, with a 44.68% increase.
What the Numbers Show
The recent trading volume of 2,500 shares represents a 1.31x increase over the 20-day average volume of 257,802 shares. Greenfire's shares are currently trading above both the 50-day moving average of C$8.79, representing a 10.2% premium, and the 200-day moving average of C$8.24, which is a 17.5% premium. Additionally, the stock is trading within 93% of its 52-week range of C$5.72 to C$9.96, indicating a robust market position.
What to Watch Next
Investors should keep an eye on upcoming news and developments regarding Greenfire Resources Ltd., especially in light of the bullish analyst outlook. The average analyst target price for the stock is C$11.40, suggesting an implied move of 17.8% from the current price. Additionally, monitoring trading volumes and price movements in the coming days could provide further insights into market sentiment and investor interest.
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