William Charles Guinan Sells 3,000 Shares of Kelt Exploration Ltd. (TSE:KEL) Stock

Kelt Exploration Ltd. (TSE:KEL) Director William Charles Guinan sold 3,000 shares of the stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of C$6.68, for a total value of C$20,040.00.

William Charles Guinan also recently made the following trade(s):

• On Monday, March 17th, William Charles Guinan sold 2,500 shares of Kelt Exploration stock. The shares were sold at an average price of C$6.44, for a total value of C$16,100.00.
• On Wednesday, January 8th, William Charles Guinan sold 10,000 shares of Kelt Exploration stock. The stock was sold at an average price of C$7.52, for a total transaction of C$75,200.00.

Kelt Exploration Stock Performance

TSE KEL opened at C$6.70 on Wednesday. The firm’s 50 day simple moving average is C$6.69 and its 200 day simple moving average is C$6.59. The company has a current ratio of 0.50, a quick ratio of 0.61 and a debt-to-equity ratio of 4.53. Kelt Exploration Ltd. has a 1 year low of C$5.45 and a 1 year high of C$7.59. The firm has a market capitalization of C$1.33 billion, a price-to-earnings ratio of 23.75 and a beta of 1.93.

Analyst Ratings Changes

KEL has been the subject of a number of recent research reports. CIBC boosted their price objective on shares of Kelt Exploration from C$10.00 to C$11.50 in a report on Friday, January 17th. National Bankshares increased their price target on Kelt Exploration from C$9.00 to C$10.00 and gave the stock an “outperform” rating in a research report on Thursday, January 30th. BMO Capital Markets lifted their price objective on Kelt Exploration from C$8.50 to C$9.00 in a report on Friday, December 13th. Finally, Scotiabank increased their target price on Kelt Exploration from C$10.50 to C$11.50 in a report on Friday, January 17th.

About Kelt Exploration

Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in Western Canada. The company markets its crude oil and natural gas liquids primarily to third party. Kelt Exploration Ltd. was incorporated in 2012 and is headquartered in Calgary, Canada.