Time to Buy Leucrotta Exploration Inc After Today’s Huge Increase?

 Time to Buy Leucrotta Exploration Inc After Today's Huge Increase?

The stock of Leucrotta Exploration Inc (CVE:LXE) is a huge mover today! About 14,250 shares traded hands. Leucrotta Exploration Inc (CVE:LXE) has risen 6.00% since October 4, 2016 and is uptrending. It has outperformed by 4.79% the S&P500.
The move comes after 7 months positive chart setup for the $343.76 million company. It was reported on Nov, 3 by Barchart.com. We have $5.55 PT which if reached, will make CVE:LXE worth $560.33M more.

Leucrotta Exploration Inc (CVE:LXE) Ratings Coverage

Out of 4 analysts covering Leucrotta Exploration (CVE:LXE), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $2.80 is the highest target while $1 is the lowest. The $2.01 average target is -4.74% below today’s ($2.11) stock price. Leucrotta Exploration has been the topic of 11 analyst reports since October 16, 2015 according to StockzIntelligence Inc. The firm has “” rating given on Tuesday, June 28 by Desjardins Securities. National Bank Canada maintained the stock with “Outperform” rating in Friday, November 27 report. The stock of Leucrotta Exploration Inc (CVE:LXE) has “” rating given on Monday, June 6 by Raymond James. On Monday, November 30 the stock rating was reinitiated by Mackie with “Buy”.

Another recent and important Leucrotta Exploration Inc (CVE:LXE) news was published by Marketwired.com which published an article titled: “Leucrotta Exploration Inc. Announces Completion of Arrangement and Creation of …” on August 06, 2014.

Leucrotta Exploration Inc. is an oil and natural gas company. The company has a market cap of $343.76 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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