Shares of Kelt Exploration Ltd. (OTCMKTS:KELTF – Get Free Report) have been given a consensus recommendation of “Buy” by the six analysts that are presently covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a buy recommendation.
Several research analysts have recently commented on KELTF shares. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Kelt Exploration in a research note on Friday, October 9th. Raymond James Financial reissued an “outperform” rating on shares of Kelt Exploration in a report on Wednesday, September 16th. Scotiabank restated an “outperform” rating on shares of Kelt Exploration in a research note on Monday, October 19th. Finally, TD Securities restated a “buy” rating on shares of Kelt Exploration in a research note on Friday, August 7th.
View Our Latest Stock Analysis on Kelt Exploration
Kelt Exploration Price Performance
Shares of OTCMKTS KELTF opened at $8.47 on Monday. The business’s 50 day moving average price is $7.65 and its two-hundred day moving average price is $7.07. Kelt Exploration has a twelve month low of $4.36 and a twelve month high of $8.47.
Kelt Exploration Company Profile
Kelt Exploration Ltd. is a Canadian oil and natural gas exploration and production company. The company focuses on the acquisition, development and operation of petroleum and natural gas properties, with an emphasis on light oil, condensate and liquids-rich natural gas.
Kelt’s operations are concentrated in Western Canada, particularly in Alberta and northeastern British Columbia. Its asset base includes interests in several resource plays and conventional properties, where the company uses horizontal drilling and multi-stage hydraulic fracturing to develop hydrocarbon reserves.
Founded in 2012, Kelt Exploration has grown through exploration, acquisitions and the development of its Western Canadian properties.
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