Kelt Exploration Ltd. (TSE:KEL) Senior Officer Sells C$73,430.50 in Stock

Kelt Exploration Ltd. (TSE:KEL) Senior Officer Bruce Douglas Gigg sold 10,270 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of C$7.15, for a total value of C$73,430.50.

Kelt Exploration Stock Performance

Shares of Kelt Exploration stock opened at C$6.93 on Monday. Kelt Exploration Ltd. has a 12 month low of C$5.01 and a 12 month high of C$7.30. The company has a quick ratio of 0.61, a current ratio of 0.50 and a debt-to-equity ratio of 1.43. The stock has a market cap of C$1.36 billion, a PE ratio of 21.00 and a beta of 1.93. The business has a fifty day simple moving average of C$6.47 and a 200-day simple moving average of C$6.20.

Kelt Exploration (TSE:KEL) last issued its earnings results on Thursday, November 7th. The oil and gas exploration company reported C$0.04 earnings per share for the quarter. The company had revenue of C$107.88 million for the quarter. Kelt Exploration had a return on equity of 6.72% and a net margin of 16.02%. On average, sell-side analysts anticipate that Kelt Exploration Ltd. will post 0.5224359 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on KEL. National Bankshares decreased their target price on Kelt Exploration from C$9.00 to C$8.75 in a report on Friday, September 27th. Scotiabank lifted their price target on Kelt Exploration from C$10.00 to C$10.50 and gave the stock an “outperform” rating in a research note on Wednesday, October 16th. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Kelt Exploration has a consensus rating of “Buy” and an average price target of C$8.97.

Kelt Exploration Company Profile

Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in Western Canada. The company markets its crude oil and natural gas liquids primarily to third party. Kelt Exploration Ltd. was incorporated in 2012 and is headquartered in Calgary, Canada.