Q3 2018 Earnings Forecast for Leucrotta Exploration Inc Issued By Cormark (LXE)

Leucrotta Exploration Inc (CVE:LXE) – Equities research analysts at Cormark reduced their Q3 2018 earnings per share estimates for shares of Leucrotta Exploration in a research report issued on Wednesday, according to Zacks Investment Research. Cormark analyst A. Arif now anticipates that the oil and natural gas company will post earnings per share of $0.00 for the quarter, down from their prior estimate of $0.01. Cormark also issued estimates for Leucrotta Exploration’s FY2018 earnings at $0.02 EPS and FY2019 earnings at $0.06 EPS.

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LXE has been the topic of several other reports. Eight Capital lowered their price target on shares of Leucrotta Exploration from C$2.10 to C$1.80 in a report on Wednesday, October 25th. BMO Capital Markets set a C$2.00 price target on shares of Leucrotta Exploration and gave the company a “market perform” rating in a report on Wednesday, October 25th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of C$2.54.

Shares of Leucrotta Exploration (CVE LXE) opened at C$1.89 on Friday. Leucrotta Exploration has a fifty-two week low of C$1.52 and a fifty-two week high of C$2.55.

In other news, insider Gmt Capital Corp purchased 1,364,500 shares of Leucrotta Exploration stock in a transaction that occurred on Tuesday, October 24th. The shares were acquired at an average price of C$1.22 per share, for a total transaction of C$1,664,690.00. Insiders have purchased a total of 1,397,500 shares of company stock worth $1,710,082 in the last quarter.

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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