Neil Graham Sinclair Sells 35,000 Shares of Kelt Exploration Ltd. (TSE:KEL) Stock

Kelt Exploration Ltd. (TSE:KELGet Free Report) Director Neil Graham Sinclair sold 35,000 shares of the company’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of C$4.76, for a total value of C$166,600.00.

Kelt Exploration Stock Up 2.2 %

Shares of KEL traded up C$0.16 during midday trading on Monday, hitting C$7.38. The company had a trading volume of 349,343 shares, compared to its average volume of 425,964. The company has a quick ratio of 0.61, a current ratio of 0.80 and a debt-to-equity ratio of 0.16. Kelt Exploration Ltd. has a 52 week low of C$4.29 and a 52 week high of C$8.16. The company’s 50 day moving average price is C$7.28 and its 200 day moving average price is C$6.45. The stock has a market cap of C$1.43 billion, a price-to-earnings ratio of 12.58 and a beta of 2.10.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. BMO Capital Markets upped their price target on Kelt Exploration from C$8.50 to C$9.50 in a report on Monday, October 16th. National Bankshares decreased their target price on shares of Kelt Exploration from C$9.25 to C$8.75 in a research note on Friday, November 10th. Stifel Nicolaus lifted their price target on shares of Kelt Exploration from C$9.00 to C$9.50 in a research note on Monday, October 16th. TD Securities lowered shares of Kelt Exploration from a “buy” rating to a “hold” rating and set a C$8.00 price objective on the stock. in a report on Thursday, September 28th. Finally, CIBC raised their target price on Kelt Exploration from C$8.75 to C$9.00 and gave the company an “outperform” rating in a research note on Monday, October 16th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from, Kelt Exploration currently has an average rating of “Moderate Buy” and a consensus target price of C$8.83.

View Our Latest Research Report on KEL

About Kelt Exploration

(Get Free Report)

Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in west central Alberta and northeastern British Columbia, Canada. The company markets its crude oil, natural gas, and natural gas liquids primarily to third party marketing companies.

See Also

Receive News & Ratings for Kelt Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kelt Exploration and related companies with's FREE daily email newsletter.