Kelt Exploration (TSE:KEL) Reaches New 52-Week High – Here’s What Happened

Posted by Latisha Jones on Jan 29th, 2026

Kelt Exploration Ltd. (TSE:KEL – Get Free Report) hit a new 52-week high on Thursday . The company traded as high as C$8.23 and last traded at C$8.01, with a volume of 359386 shares. The stock had previously closed at C$7.94.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. CIBC lifted their price target on Kelt Exploration from C$10.50 to C$11.00 in a research note on Friday, November 14th. TD Securities set a C$9.50 price objective on Kelt Exploration and gave the stock a “buy” rating in a report on Tuesday, January 6th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of C$9.70.

Check Out Our Latest Stock Analysis on KEL

Kelt Exploration Price Performance

The company has a debt-to-equity ratio of 4.53, a quick ratio of 0.61 and a current ratio of 0.50. The company has a fifty day moving average price of C$7.60 and a two-hundred day moving average price of C$7.18. The company has a market cap of C$1.61 billion, a P/E ratio of 27.83 and a beta of -0.51.

Kelt Exploration (TSE:KEL – Get Free Report) last issued its quarterly earnings results on Thursday, November 13th. The oil and gas exploration company reported C($0.04) EPS for the quarter. The company had revenue of C$100.14 million for the quarter. Kelt Exploration had a net margin of 13.12% and a return on equity of 5.40%. On average, sell-side analysts anticipate that Kelt Exploration Ltd. will post 0.5224359 earnings per share for the current fiscal year.

About Kelt Exploration

(Get Free Report)

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.