Kelt Exploration Ltd. (TSE:KEL) Senior Officer Patrick William George Miles Sells 45,000 Shares

Kelt Exploration Ltd. (TSE:KEL) Senior Officer Patrick William George Miles sold 45,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of C$7.47, for a total value of C$336,150.00.

Kelt Exploration Stock Up 1.1 %

TSE:KEL opened at C$7.49 on Thursday. Kelt Exploration Ltd. has a 1 year low of C$5.01 and a 1 year high of C$7.54. The company has a current ratio of 0.50, a quick ratio of 0.61 and a debt-to-equity ratio of 1.43. The stock has a market cap of C$1.47 billion, a price-to-earnings ratio of 22.70 and a beta of 1.93. The stock has a 50-day moving average price of C$6.64 and a two-hundred day moving average price of C$6.34.

Kelt Exploration (TSE:KEL) last announced its earnings results on Thursday, November 7th. The oil and gas exploration company reported C$0.04 earnings per share (EPS) for the quarter. The business 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%. As a group, equities analysts expect that Kelt Exploration Ltd. will post 0.5224359 earnings per share for the current year.

Analyst Ratings Changes

Several analysts recently commented on the company. National Bankshares boosted their price target on Kelt Exploration from C$8.75 to C$9.00 and gave the company an “outperform” rating in a research note on Thursday, December 19th. Scotiabank increased their price objective on Kelt Exploration from C$10.00 to C$10.50 and gave the company an “outperform” rating in a research report on Wednesday, October 16th. Finally, BMO Capital Markets upped their price target on Kelt Exploration from C$8.50 to C$9.00 in a research note on Friday, December 13th. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of C$9.06.

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.