Kelt Exploration Ltd. (TSE:KEL) Director William Charles Guinan Sells 10,000 Shares

Kelt Exploration Ltd. (TSE:KEL) Director William Charles Guinan sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of C$6.90, for a total transaction of C$69,000.00.

Kelt Exploration Trading Up 3.6 %

Shares of Kelt Exploration stock opened at C$6.91 on Thursday. Kelt Exploration Ltd. has a twelve month low of C$5.01 and a twelve month high of C$7.38. 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 business has a 50-day moving average price of C$6.43 and a 200-day moving average price of C$6.18. The firm has a market cap of C$1.35 billion, a price-to-earnings ratio of 20.94 and a beta of 1.93.

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

Wall Street Analyst Weigh In

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