Gran Tierra Energy Inc. found using ticker (GTE) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 1.3 and 0.85 and has a mean target at 1.11. Given that the stocks previous close was at 1.3 this is indicating there is a potential downside of -14.6%. There is a 50 day moving average of 0.86 and the 200 moving average now moves to 0.74. The market cap for the company is $476m. Visit the company website at: https://www.grantierra.com
The potential market cap would be $406m 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.
