- Athabasca Oil (TSX:ATH) launched its initial public offering back in 2010 for roughly C$1.55 billion
- The company’s shares reached an all-time high of $18.61 in March 2011
- However, with the impact of COVID-19, Athabasca OIl reached an all-time low of $0.12 in 2020
- Its shares have been back on the rise, increasing by 3,100 per cent to $3.86 as of December 2023
Much like other industries, the oil and gas sector has had a volatile year, but companies like Athabasca Oil (TSX:ATH) have weathered the storm over the course of 2023, but what’s in store for its stock price forecast?
Athabasca Oil stock price overview
Athabasca Oil Corp. has been on the market since April 2010 when it completed its initial public offering (IPO) for roughly C$1.55 billion. At the time, it was estimated the IPO was Canada’s biggest in more than a decade.
The company opened trading on…
