Gran Tierra Energy Inc. with ticker code (GTE) now have 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 3.76 and 1.75 with a mean TP of 2.43. Now with the previous closing price of 1.64 this would imply there is a potential upside of 48.2%. There is a 50 day moving average of 1.36 while the 200 day moving average is 0.89. The company has a market cap of $586m. Company Website: https://www.grantierra.com
The potential market cap would be $869m 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, 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.
