Gran Tierra Energy (TSE:GTE) Sets New 52-Week High at $11.28

Gran Tierra Energy Inc. (TSE:GTE - Get Free Report) NYSEMKT: GTE's stock price reached a new 52-week high on Monday . The stock traded as high as C$11.28 and last traded at C$11.19, with a volume of 10980 shares trading hands. The stock had previously closed at C$11.09.

Analysts Set New Price Targets

Separately, Royal Bank of Canada lifted their target price on shares of Gran Tierra Energy from C$9.00 to C$10.00 and gave the company a "sector perform" rating in a report on Wednesday, March 13th.

Gran Tierra Energy Stock Up 2.8 %

The business's 50 day moving average is C$8.05 and its 200-day moving average is C$8.13. The stock has a market cap of C$368.45 million, a price-to-earnings ratio of -43.42, a PEG ratio of 0.13 and a beta of 1.59. The company has a debt-to-equity ratio of 143.10, a quick ratio of 0.58 and a current ratio of 0.43.

Gran Tierra Energy (TSE:GTE - Get Free Report) NYSEMKT: GTE last released its quarterly earnings results on Tuesday, February 20th. The company reported C$0.31 earnings per share (EPS) for the quarter. Gran Tierra Energy had a negative net margin of 0.99% and a negative return on equity of 1.54%. The firm had revenue of C$210.96 million for the quarter. On average, sell-side analysts predict that Gran Tierra Energy Inc. will post 1.3843284 EPS for the current fiscal year.

About Gran Tierra Energy

Gran Tierra Energy Inc, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. The company was founded in 2003 and is headquartered in Calgary, Canada.