William Charles Guinan Sells 3,000 Shares of Kelt Exploration Ltd. (TSE:KEL) Stock

Kelt Exploration Ltd. (TSE:KEL) Director William Charles Guinan sold 3,000 shares of the stock in a transaction dated Monday, March 24th. The stock was sold at an average price of C$6.68, for a total transaction of C$20,040.00.

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

• On Monday, March 17th, William Charles Guinan sold 2,500 shares of Kelt Exploration stock. The shares were sold at an average price of C$6.44, for a total transaction of C$16,100.00.
• On Wednesday, January 8th, William Charles Guinan sold 10,000 shares of Kelt Exploration stock. The stock was sold at an average price of C$7.52, for a total transaction of C$75,200.00.

Kelt Exploration Price Performance

Kelt Exploration stock opened at C$6.75 on Thursday. The company has a current ratio of 0.50, a quick ratio of 0.61 and a debt-to-equity ratio of 4.53. The company has a fifty day simple moving average of C$6.68 and a 200-day simple moving average of C$6.59. The stock has a market cap of C$1.34 billion, a P/E ratio of 23.93 and a beta of 1.93. Kelt Exploration Ltd. has a 12-month low of C$5.45 and a 12-month high of C$7.59.

Wall Street Analyst Weigh In

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

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.