Shares of Gran Tierra Energy Inc. (TSE:GTE - Get Free Report) NYSEMKT: GTE reached a new 52-week low on Monday . The stock traded as low as C$6.27 and last traded at C$6.25, with a volume of 35240 shares. The stock had previously closed at C$6.68.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group set a C$12.00 target price on shares of Gran Tierra Energy and gave the company a "buy" rating in a research report on Wednesday, November 27th.
View Our Latest Stock Report on Gran Tierra Energy
Gran Tierra Energy Price Performance
The stock has a market capitalization of C$169.71 million, a price-to-earnings ratio of 3.17, a P/E/G ratio of 0.23 and a beta of 1.57. The business has a 50-day simple moving average of C$8.92 and a two-hundred day simple moving average of C$9.06. The company has a quick ratio of 0.58, a current ratio of 1.31 and a debt-to-equity ratio of 176.57.
Gran Tierra Energy Company Profile
(
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Gran Tierra Energy Inc is an independent energy company. It is engaged in the acquisition, exploration, development, and production of oil and gas properties in proven, under-explored hydrocarbon basins that have access to established infrastructure. The firm produces primarily light crude oil, supplemented with medium crude and natural gas.
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