Leucrotta Exploration Inc (CVE:LXE) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$1.43 and last traded at C$1.72, with a volume of 57200 shares trading hands. The stock had previously closed at C$1.76.

A number of equities research analysts recently weighed in on the stock. Eight Capital set a C$2.10 price objective on shares of Leucrotta Exploration and gave the company a “neutral” rating in a research note on Wednesday, September 27th. BMO Capital Markets set a C$2.25 price objective on shares of Leucrotta Exploration and gave the company a “market perform” rating in a research note on Wednesday, August 30th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of C$2.54.

In related news, insider Gmt Capital Corp acquired 1,364,500 shares of the business’s stock in a transaction that occurred on Tuesday, October 24th. The shares were acquired at an average cost of C$1.22 per share, for a total transaction of C$1,664,690.00.

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About Leucrotta Exploration

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