Insider Selling: Kelt Exploration Ltd. (TSE:KEL) Senior Officer Sells 25,000 Shares of Stock

Kelt Exploration Ltd. (TSE:KEL) Senior Officer Patrick William George Miles sold 25,000 shares of the stock in a transaction on Monday, March 24th. The shares were 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 Trading Up 0.3 %

Shares of KEL stock traded up C$0.02 on Tuesday, reaching C$6.72. The company had a trading volume of 24,549 shares, compared to its average volume of 428,818. The stock has a market cap of C$1.33 billion, a PE ratio of 23.82 and a beta of 1.93. The company has a 50-day moving average of C$6.69 and a 200-day moving average of 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 12 month low of C$5.45 and a 12 month high of C$7.59.

Analyst Upgrades and Downgrades

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

Kelt Exploration Company Profile

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.