Kelt Exploration Ltd. (TSE:KEL) Senior Officer Douglas Owen Macarthur Sells 45,000 Shares

Kelt Exploration Ltd. (TSE:KEL) Senior Officer Douglas Owen Macarthur sold 45,000 shares of the business’s stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of C$6.50, for a total value of C$292,500.00.

Douglas Owen Macarthur also recently made the following trade(s):

• On Monday, January 13th, Douglas Owen Macarthur sold 10,000 shares of Kelt Exploration stock. The stock was sold at an average price of C$7.22, for a total value of C$72,243.00.

Kelt Exploration Price Performance

Shares of TSE:KEL traded down C$0.03 on Friday, hitting C$6.64. The company had a trading volume of 441,689 shares, compared to its average volume of 426,827. The company has a current ratio of 0.50, a quick ratio of 0.61 and a debt-to-equity ratio of 4.53. Kelt Exploration Ltd. has a 52-week low of C$5.45 and a 52-week high of C$7.59. The business has a 50 day moving average of C$6.71 and a 200 day moving average of C$6.58. The company has a market cap of C$1.31 billion, a PE ratio of 23.54 and a beta of 1.93.

Analyst Ratings Changes

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

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.