Gran Tierra Energy Inc. – Consensus Indicates Potential -11.9% Downside

Broker Ratings
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Gran Tierra Energy Inc. with ticker code (GTE) now have 3 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 1.3 and 0.85 and has a mean target at 1.11. Given that the stocks previous close was at 1.26 this would imply there is a potential downside of -11.9%. There is a 50 day moving average of 0.91 and the 200 day moving average is 0.76. The market capitalisation for the company is $474m. You can visit the company’s website by visiting: https://www.grantierra.com

The potential market cap would be $418m based on the market concensus.

Gran Tierra Energy Inc., together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. As of December 31, 2020, it had total proved undeveloped reserves of 26.2 million barrels of oil equivalent in Colombia. The company was incorporated in 2003 and is headquartered in Calgary, Canada.

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