Equities Analysts Offer Predictions for Leucrotta Exploration Inc’s Q3 2017 Earnings (LXE)

Leucrotta Exploration Inc (CVE:LXE) – Analysts at Beacon Securities issued their Q3 2017 EPS estimates for shares of Leucrotta Exploration in a report released on Tuesday, according to Zacks Investment Research. Beacon Securities analyst K. Wilson expects that the oil and natural gas company will earn ($0.01) per share for the quarter. Beacon Securities also issued estimates for Leucrotta Exploration’s FY2017 earnings at ($0.02) EPS and FY2018 earnings at ($0.01) EPS.

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A number of other research firms have also commented on LXE. Eight Capital set a C$2.10 price target on Leucrotta Exploration and gave the stock a “neutral” rating in a research report on Wednesday, September 27th. BMO Capital Markets set a C$2.00 price target on Leucrotta Exploration and gave the stock a “market perform” rating in a research report on Wednesday, October 25th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of C$2.54.

Leucrotta Exploration (LXE) remained flat at $C$1.89 during trading hours on Friday. 149,000 shares of the stock were exchanged, compared to its average volume of 243,795. Leucrotta Exploration has a one year low of C$1.52 and a one year high of C$2.55.

In other news, insider Gmt Capital Corp bought 1,364,500 shares of the company’s stock in a transaction that occurred on Tuesday, October 24th. The shares were acquired at an average price of C$1.22 per share, with a total value of C$1,664,690.00. In the last three months, insiders purchased 1,397,500 shares of company stock worth $1,710,082.

Leucrotta Exploration Company Profile

Leucrotta Exploration Inc is an oil and natural gas company. The Company is engaged in the acquisition, development, exploration and production of oil and natural gas reserves in northeastern British Columbia, Canada. The Company’s primary areas of focus are in the Dawson-Sunrise area of northeast British Columbia.

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Earnings History and Estimates for Leucrotta Exploration (CVE:LXE)

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