Kelt Exploration Ltd. (OTCMKTS:KELTF – Get Free Report)’s stock price was down 2.6% during trading on Thursday. The company traded as low as $7.15 and last traded at $7.1720. Approximately 52,696 shares changed hands during mid-day trading, a decline of 12% from the average daily volume of 60,007 shares. The stock had previously closed at $7.36.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on the stock. TD Securities reissued a “buy” rating on shares of Kelt Exploration in a research report on Friday, August 7th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Kelt Exploration in a report on Friday, July 10th. Finally, Raymond James Financial restated an “outperform” rating on shares of Kelt Exploration in a report on Wednesday, September 16th. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat, Kelt Exploration presently has an average rating of “Buy”.
Get Our Latest Analysis on KELTF
Kelt Exploration Price Performance
About Kelt Exploration
Kelt Exploration Ltd. is a Canadian oil and natural gas exploration and production company focused on developing petroleum and natural gas resources in the Western Canadian Sedimentary Basin. Its operations are concentrated in Alberta and British Columbia, where it targets conventional and unconventional formations, including liquids-rich natural gas and crude oil opportunities.
The company’s activities include acquiring, exploring, drilling, developing and producing oil, natural gas and natural gas liquids.
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