What Next for Leucrotta Exploration Inc Stock After Today’s Huge Decline?


The stock of Leucrotta Exploration Inc (CVE:LXE) is a huge mover today! The stock decreased 4.88% or $0.1 on September 13, hitting $1.95. About 182,440 shares traded hands. Leucrotta Exploration Inc (CVE:LXE) has risen 6.00% since August 14, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 8 months negative chart setup for the $323.77M company. It was reported on Sep, 13 by Barchart.com. We have $1.72 PT which if reached, will make CVE:LXE worth $38.85M less.

Out of 4 analysts covering Leucrotta Exploration (CVE:LXE), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Leucrotta Exploration has been the topic of 11 analyst reports since October 16, 2015 according to StockzIntelligence Inc.

Leucrotta Exploration Inc. is an oil and natural gas company. The company has a market cap of $323.77 million. The Firm is engaged in the acquisition, development, exploration and production of oil and natural gas reserves in northeastern British Columbia, Canada. It currently has negative earnings. The Company’s primary areas of focus are in the Dawson-Sunrise area of northeast British Columbia.

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