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 Kelt Exploration stock in a transaction dated Wednesday, January 8th. The shares were sold at an average price of C$7.52, for a total value of C$75,200.00.

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

• On Wednesday, November 20th, William Charles Guinan sold 10,000 shares of Kelt Exploration stock. The stock was sold at an average price of C$6.90, for a total value of C$69,000.00.

Kelt Exploration Stock Performance

TSE:KEL opened at C$7.49 on Thursday. The firm has a market capitalization of C$1.47 billion, a PE ratio of 22.70 and a beta of 1.93. 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 firm’s fifty day simple moving average is C$6.64 and its 200 day simple moving average is C$6.34.

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 (EPS) for the quarter. The company had revenue of C$107.88 million during the quarter. Kelt Exploration had a net margin of 16.02% and a return on equity of 6.72%. On average, sell-side analysts anticipate that Kelt Exploration Ltd. will post 0.5224359 EPS for the current year.

Analyst Ratings Changes

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

About Kelt Exploration

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.