Kelt Exploration Ltd. (TSE:KEL) Senior Officer Patrick William George Miles Sells 25,000 Shares of Stock

Kelt Exploration Ltd. (TSE:KEL) Senior Officer Patrick William George Miles sold 25,000 shares of the company’s 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$167,000.00.

Patrick William George Miles also recently made the following trade(s):

• On Tuesday, January 21st, Patrick William George Miles sold 48,000 shares of Kelt Exploration stock. The stock was sold at an average price of C$7.35, for a total value of C$352,876.80.
• On Wednesday, January 8th, Patrick William George Miles sold 45,000 shares of Kelt Exploration stock. The shares were sold at an average price of C$7.47, for a total value of C$336,150.00.

Kelt Exploration Price Performance

TSE KEL opened at C$6.70 on Wednesday. The business has a fifty day moving average price of C$6.69 and a 200 day moving average price of C$6.59. The company has a debt-to-equity ratio of 4.53, a quick ratio of 0.61 and a current ratio of 0.50. The company has a market cap of C$1.33 billion, a P/E ratio of 23.75 and a beta of 1.93. Kelt Exploration Ltd. has a one year low of C$5.45 and a one year high of C$7.59.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. CIBC lifted their price target on shares of Kelt Exploration from C$10.00 to C$11.50 in a research note on Friday, January 17th. Scotiabank lifted their target price on shares of Kelt Exploration from C$10.50 to C$11.50 in a research report on Friday, January 17th. National Bankshares boosted their target price on shares of Kelt Exploration from C$9.00 to C$10.00 and gave the stock an “outperform” rating in a research note on Thursday, January 30th. Finally, BMO Capital Markets raised their price target on shares of Kelt Exploration from C$8.50 to C$9.00 in a research note on Friday, December 13th.

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.