Gran Tierra Energy Inc. with ticker code (GTE) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 1.41 and 1.1 with a mean TP of 1.29. Given that the stocks previous close was at 1.4 this now indicates there is a potential downside of -7.9%. The day 50 moving average is 0.97 and the 200 day MA is 0.77. The market capitalisation for the company is $529m. Visit the company website at: https://www.grantierra.com
The potential market cap would be $487m 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.
