Today Kelt Exploration Ltd Stock Crashes

 Today Kelt Exploration Ltd Stock Crashes

The stock of Kelt Exploration Ltd (TSE:KEL) is a huge mover today! About 302,126 shares traded hands. Kelt Exploration Ltd (TSE:KEL) has risen 67.58% since April 6, 2016 and is uptrending. It has outperformed by 61.93% the S&P500.
The move comes after 7 months negative chart setup for the $1.09B company. It was reported on Nov, 10 by Barchart.com. We have $5.52 PT which if reached, will make TSE:KEL worth $76.30 million less.

Kelt Exploration Ltd (TSE:KEL) Ratings Coverage

Out of 4 analysts covering Kelt Exploration Ltd. (TSE:KEL), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $12 is the highest target while $4.75 is the lowest. The $7.19 average target is 21.04% above today’s ($5.94) stock price. Kelt Exploration Ltd. has been the topic of 30 analyst reports since August 11, 2015 according to StockzIntelligence Inc. The firm has “” rating by Raymond James given on Monday, June 6. The stock of Kelt Exploration Ltd (TSE:KEL) has “Buy” rating given on Tuesday, August 11 by Paradigm Research. Scotia Capital maintained the stock with “Outperform” rating in Friday, August 12 report. The firm earned “” rating on Tuesday, June 28 by Desjardins Securities. The firm earned “Outperform” rating on Tuesday, August 11 by RBC Capital Markets. The company was maintained on Tuesday, August 11 by Credit Suisse. The stock of Kelt Exploration Ltd (TSE:KEL) earned “Sector Performer” rating by IBC on Wednesday, October 28. IBC maintained Kelt Exploration Ltd (TSE:KEL) rating on Tuesday, August 11. IBC has “Outperform” rating and $9.50 price target. The stock of Kelt Exploration Ltd (TSE:KEL) earned “Buy” rating by TD Securities on Tuesday, August 11.

Another recent and important Kelt Exploration Ltd (TSE:KEL) news was published by Marketwired.com which published an article titled: “Kelt Exploration Announces $80.0 Million Convertible Debenture Financing and …” on April 11, 2016.

Kelt Exploration Ltd. is an oil and gas firm based in Calgary, Alberta. The company has a market cap of $1.09 billion. The Firm is focused on the exploration, development and production of natural gas and crude oil resources, primarily in west central Alberta and northeastern British Columbia. It currently has negative earnings. The Company’s land holdings are located in Inga/Fireweed/Stoddart, British Columbia; Grande Prairie , Alberta; Karr, Alberta, and Grande Cache, Alberta.

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