William Charles Guinan Sells 3,000 Shares of Kelt Exploration Ltd. (TSE:KEL) Stock

Kelt Exploration Ltd. (TSE:KEL) Director William Charles Guinan sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of C$6.68, for a total transaction of C$20,040.00.

William Charles Guinan also recently made the following trade(s):

• On Monday, March 17th, William Charles Guinan sold 2,500 shares of Kelt Exploration stock. The stock was sold at an average price of C$6.44, for a total transaction of C$16,100.00.
• On Wednesday, January 8th, William Charles Guinan sold 10,000 shares of Kelt Exploration stock. The shares were sold at an average price of C$7.52, for a total transaction of C$75,200.00.

Kelt Exploration Trading Up 0.4 %

TSE:KEL traded up C$0.03 during mid-day trading on Tuesday, reaching C$6.73. 58,724 shares of the company’s stock traded hands, compared to its average volume of 429,437. The company has a 50 day moving average price of C$6.69 and a 200-day moving average price of C$6.59. The firm has a market capitalization of C$1.33 billion, a price-to-earnings ratio of 23.85 and a beta of 1.93. The company has a debt-to-equity ratio of 4.53, a current ratio of 0.50 and a quick ratio of 0.61. Kelt Exploration Ltd. has a 12-month low of C$5.45 and a 12-month high of C$7.59.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. BMO Capital Markets upped their price target on shares of Kelt Exploration from C$8.50 to C$9.00 in a research report on Friday, December 13th. National Bankshares increased their target price on Kelt Exploration from C$9.00 to C$10.00 and gave the company an “outperform” rating in a report on Thursday, January 30th. CIBC lifted their price target on Kelt Exploration from C$10.00 to C$11.50 in a research note on Friday, January 17th. Finally, Scotiabank raised their target price on shares of Kelt Exploration from C$10.50 to C$11.50 in a report on Friday, January 17th.

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.