Beacon Securities Comments on Leucrotta Exploration Inc.’s FY2018 Earnings (LXE)

Leucrotta Exploration Inc. (CVE:LXE) – Equities researchers at Beacon Securities raised their FY2018 earnings per share estimates for shares of Leucrotta Exploration in a research report issued on Wednesday. Beacon Securities analyst K. Wilson now forecasts that the oil and natural gas company will post earnings of $0.00 per share for the year, up from their prior estimate of ($0.01).

Several other equities research analysts have also weighed in on the stock. BMO Capital Markets set a C$2.00 target price on shares of Leucrotta Exploration and gave the stock a “market perform” rating in a report on Wednesday, October 25th. Eight Capital cut their target price on shares of Leucrotta Exploration from C$2.10 to C$1.80 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 has a consensus rating of “Buy” and an average price target of C$2.54.

Shares of Leucrotta Exploration (CVE LXE) opened at C$1.82 on Friday. Leucrotta Exploration has a twelve month low of C$1.52 and a twelve month high of C$2.55.

In related news, insider Gmt Capital Corp acquired 1,364,500 shares of the stock in a transaction dated Tuesday, October 24th. The stock was bought at an average price of C$1.22 per share, with a total value of C$1,664,690.00.

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Leucrotta Exploration Company Profile

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

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