(GFR) Greenfire Resources - Ratings and Ratios

Greenfire Resources Ltd. (NYSE:GFR) is a Canada-based energy company specializing in the development, exploration, and operation of oil and gas properties, primarily in the Athabasca oil sands region of Alberta. The company focuses on Tier-1 oil sands assets in Western Canada, leveraging steam-assisted gravity drainage (SAGD) technology for bitumen recovery. This method is particularly effective for extracting both diluted and non-diluted bitumen in situ. Greenfire Resources is headquartered in Calgary, Alberta, a major hub for Canadas energy sector. Web URL: https://www.greenfireres.com.

Based on and , Greenfire Resources Ltd. is expected to face a challenging 3-month outlook. Technically, the stock is trading below its 20, 50, and 200-day moving averages (SMA 20: 6.43, SMA 50: 6.68, SMA 200: 6.88), indicating bearish momentum. The average trading volume of 71,173 shares over the past 20 days suggests moderate liquidity, while the Average True Range (ATR) of 0.21 reflects low volatility. The last price of 6.07 indicates potential resistance at higher moving averages. On the fundamental side, the companys price-to-book (P/B) ratio of 0.87 suggests undervaluation relative to book value, but the return on equity (RoE) of 5.13% signals weak profitability. The forward P/E of 0.00 indicates limited visibility into future earnings. Overall, the stock is likely to remain range-bound or experience further downside unless driven by positive fundamental catalysts.