The stock of Gran Tierra Energy Inc. (TSE:GTE) is a huge mover today! About 212,422 shares traded hands. Gran Tierra Energy Inc. (TSE:GTE) has risen 6.52% since April 21, 2016 and is uptrending. It has outperformed by 1.11% the S&P500.
The move comes after 5 months negative chart setup for the $1.32 billion company. It was reported on Nov, 25 by Barchart.com. We have $3.48 PT which if reached, will make TSE:GTE worth $118.80M less.
Gran Tierra Energy Inc. (TSE:GTE) Ratings Coverage
Out of 7 analysts covering Gran Tierra Energy (TSE:GTE), 5 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 71% are positive. Gran Tierra Energy has been the topic of 14 analyst reports since September 2, 2015 according to StockzIntelligence Inc. Scotia Capital maintained Gran Tierra Energy Inc. (TSE:GTE) rating on Wednesday, August 24. Scotia Capital has “Outperform” rating and $5.25 price target. The firm has “Action List Buy” rating by TD Securities given on Wednesday, November 16. The firm has “Action List Buy” rating by TD Securities given on Tuesday, November 8. The firm has “Outperform” rating by Scotia Capital given on Friday, December 18.
More notable recent Gran Tierra Energy Inc. (TSE:GTE) news were published by: Reuters.com which released: “BRIEF-Gran Tierra Energy Inc announces US $130 mln bought-deal public of…” on November 21, 2016, also Marketwatch.com with their article: “Gran Tierra Energy Inc. Announces Colombian Peso Hedging Program” published on June 08, 2016, Marketwired.com published: “Gran Tierra Energy Inc. Announces US$130 Million Bought-Deal Public Offering …” on November 21, 2016. More interesting news about Gran Tierra Energy Inc. (TSE:GTE) were released by: Marketwatch.com and their article: “Gran Tierra Energy Inc. and Petroamerica Oil Corp. Announce Closing of …” published on January 13, 2016 as well as Marketwired.com‘s news article titled: “Gran Tierra Energy Inc. Announces Closing of PetroLatina Energy Ltd. Acquisition” with publication date: August 23, 2016.
Gran Tierra Energy Inc. is an energy firm engaged in gas and oil acquisition, exploration, development and production. The company has a market cap of $1.32 billion. The Firm focuses on onshore gas and oil properties in Colombia, and also own rights to gas and oil properties in Brazil and Peru. It currently has negative earnings. The Company’s divisions are Colombia, Peru and Brazil based on geographic organization.
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