Gran Tierra Energy with ticker code (GTE) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 1.43 and 1.1 calculating the average target price we see 1.3. With the stocks previous close at 1.78 this would indicate that there is a downside of -27.0%. There is a 50 day moving average of 1.05 and the 200 moving average now moves to 0.79. The market capitalisation for the company is $661m. You can visit the company’s website by visiting: https://www.grantierra.com
The potential market cap would be $483m based on the market concensus.
Gran Tierra Energy , together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. As of December 31, 2021, it had total proved undeveloped reserves of 24.8 million barrels of oil equivalent in Colombia. The company was incorporated in 2003 and is headquartered in Calgary, Canada.
