Kelt Exploration Ltd. (TSE:KEL - Get Free Report) insider Patrick William George Miles sold 72,600 shares of Kelt Exploration stock in a transaction dated Friday, March 27th. The stock was sold at an average price of C$9.40, for a total transaction of C$682,440.00. Following the sale, the insider owned 911,855 shares of the company's stock, valued at approximately C$8,571,437. This trade represents a 7.37% decrease in their ownership of the stock.
Patrick William George Miles also recently made the following trade(s):
- On Wednesday, January 28th, Patrick William George Miles sold 200 shares of Kelt Exploration stock. The shares were sold at an average price of C$8.00, for a total transaction of C$1,600.00.
- On Thursday, January 29th, Patrick William George Miles sold 94,300 shares of Kelt Exploration stock. The shares were sold at an average price of C$8.03, for a total transaction of C$757,229.00.
Kelt Exploration Stock Down 0.6%
Shares of TSE KEL opened at C$9.32 on Tuesday. The firm has a market cap of C$1.87 billion, a P/E ratio of 30.06 and a beta of -0.16. The company has a debt-to-equity ratio of 15.87, a quick ratio of 0.61 and a current ratio of 1.00. Kelt Exploration Ltd. has a 1 year low of C$4.90 and a 1 year high of C$9.62. The firm's 50 day moving average price is C$8.54 and its 200 day moving average price is C$7.67.
Kelt Exploration (TSE:KEL - Get Free Report) last issued its quarterly earnings results on Thursday, March 12th. The oil and gas exploration company reported C$0.09 earnings per share for the quarter. Kelt Exploration had a return on equity of 5.65% and a net margin of 12.56%.The company had revenue of C$132.64 million during the quarter. As a group, sell-side analysts anticipate that Kelt Exploration Ltd. will post 0.5224359 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on KEL shares. Ventum Financial set a C$12.50 target price on Kelt Exploration and gave the company a "buy" rating in a research note on Tuesday, March 24th. Royal Bank Of Canada raised their price target on Kelt Exploration from C$8.50 to C$10.00 and gave the stock an "outperform" rating in a research note on Friday, March 13th. BMO Capital Markets upped their price objective on shares of Kelt Exploration from C$9.00 to C$10.00 and gave the company an "outperform" rating in a research note on Friday, March 13th. Finally, TD Securities increased their price objective on shares of Kelt Exploration from C$9.00 to C$11.00 and gave the stock a "buy" rating in a report on Friday, March 13th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Kelt Exploration has an average rating of "Buy" and an average target price of C$10.67.
Read Our Latest Stock Report on KEL
Kelt Exploration Company Profile
(
Get Free Report)
Kelt Exploration Ltd is an oil and gas company that focuses on the exploration, development, and production of crude oil and natural gas in Canada. Assets for production are acquired through the purchase of other corporate entities or through a full-cycle exploration program. Kelt traditionally focuses its exploration activities on areas with multizone hydrocarbon potential in Canada. The company owns pipeline infrastructure in some of its core regions to help move its products to domestic markets.
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