Kelt Exploration Ltd. (TSE:KEL - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$7.86 and last traded at C$7.78, with a volume of 228930 shares changing hands. The stock had previously closed at C$7.67.
Analyst Ratings Changes
Several equities research analysts have commented on KEL shares. CIBC dropped their price target on shares of Kelt Exploration from C$11.50 to C$10.75 in a research note on Thursday, April 10th. Raymond James Financial set a C$9.50 target price on shares of Kelt Exploration and gave the company an "outperform" rating in a research report on Tuesday, April 8th. Finally, Royal Bank Of Canada increased their price objective on shares of Kelt Exploration from C$8.00 to C$8.50 and gave the company an "outperform" rating in a report on Monday, June 30th.
Read Our Latest Analysis on Kelt Exploration
Kelt Exploration Trading Up 1.7%
The stock has a market cap of C$1.54 billion, a price-to-earnings ratio of 27.65 and a beta of 1.93. The company has a quick ratio of 0.61, a current ratio of 0.50 and a debt-to-equity ratio of 4.53. The business's 50 day simple moving average is C$7.11 and its 200 day simple moving average is C$6.68.
Kelt Exploration Company Profile
(
Get Free Report)
Kelt Exploration Ltd is an oil and gas company that focuses on the exploration, development, and production of crude oil and natural gas in Canada. Assets for production are acquired through the purchase of other corporate entities or through a full-cycle exploration program. Kelt traditionally focuses its exploration activities on areas with multizone hydrocarbon potential in Canada.
Further Reading
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