Gran Tierra Energy Inc. with ticker code (GTE) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 1.2 and 0.85 with a mean TP of 1.08. With the stocks previous close at 0.86 this would imply there is a potential upside of 25.6%. There is a 50 day moving average of 0.78 and the 200 day moving average is 0.71. The company has a market capitalisation of $331m. Visit the company website at: https://www.grantierra.com
The potential market cap would be $416m 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.
