Kelt Exploration Ltd. (TSE:KEL – Get Free Report) insider Patrick William George Miles sold 26,683 shares of the stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of C$9.52, for a total value of C$254,022.16. Following the transaction, the insider directly owned 911,855 shares of the company’s stock, valued at approximately C$8,680,859.60. This trade represents a 2.84% decrease in their ownership of the stock.
Kelt Exploration Stock Performance
TSE:KEL opened at C$9.54 on Monday. The company has a market capitalization of C$1.94 billion, a P/E ratio of 35.33 and a beta of -0.24. The business has a fifty day simple moving average of C$9.43 and a two-hundred day simple moving average of C$9.14. The company has a debt-to-equity ratio of 15.69, a current ratio of 0.64 and a quick ratio of 0.61. Kelt Exploration Ltd. has a 1 year low of C$5.96 and a 1 year high of C$10.45.
Kelt Exploration (TSE:KEL – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The oil and gas exploration company reported C$0.22 EPS for the quarter. The firm had revenue of C$193.42 million for the quarter. Kelt Exploration had a return on equity of 4.95% and a net margin of 9.66%. On average, analysts expect that Kelt Exploration Ltd. will post 0.5224359 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on KEL
About Kelt Exploration
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. The company owns pipeline infrastructure in some of its core regions to help move its products to domestic markets.
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