Kelt Exploration Ltd. (TSE:KEL) Senior Officer Purchases C$37,290.00 in Stock

Kelt Exploration Ltd. (TSE:KEL) Senior Officer Douglas Jeffery Errico purchased 5,500 shares of Kelt Exploration stock in a transaction on Wednesday, March 26th. The stock was bought at an average cost of C$6.78 per share, with a total value of C$37,290.00.

Kelt Exploration Stock Performance

Shares of TSE KEL opened at C$6.74 on Friday. Kelt Exploration Ltd. has a 12 month low of C$5.45 and a 12 month high of C$7.59. The company has a market cap of C$1.33 billion, a P/E ratio of 23.89 and a beta of 1.93. The business’s 50 day moving average is C$6.65 and its two-hundred day moving average is C$6.61. The company has a quick ratio of 0.61, a current ratio of 0.50 and a debt-to-equity ratio of 4.53.

Analyst Ratings Changes

A number of research analysts recently weighed in on KEL shares. CIBC raised their price objective on Kelt Exploration from C$10.00 to C$11.50 in a research note on Friday, January 17th. National Bankshares lifted their price target on shares of Kelt Exploration from C$9.00 to C$10.00 and gave the company an “outperform” rating in a research report on Thursday, January 30th. BMO Capital Markets boosted their price objective on shares of Kelt Exploration from C$8.50 to C$9.00 in a research note on Friday, December 13th. Finally, Scotiabank raised their target price on shares of Kelt Exploration from C$10.50 to C$11.50 in a research note 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.