Royal Bank of Canada Trims Gran Tierra Energy (TSE:GTE) Target Price to C$10.00

Gran Tierra Energy (TSE:GTE) (NYSEMKT:GTE) had its target price decreased by Royal Bank of Canada from C$11.00 to C$10.00 in a research report released on Tuesday morning, BayStreet.CA reports.

Gran Tierra Energy Trading Up 2.6 %

GTE opened at C$8.25 on Tuesday. The company has a current ratio of 0.75, a quick ratio of 0.58 and a debt-to-equity ratio of 147.61. The stock has a market capitalization of C$252.86 million, a PE ratio of 3.87, a PEG ratio of 0.23 and a beta of 1.58. Gran Tierra Energy has a 1-year low of C$6.36 and a 1-year high of C$14.23. The firm has a 50-day moving average price of C$10.95 and a two-hundred day moving average price of C$11.33.

Gran Tierra Energy (TSE:GTE) (NYSEMKT:GTE) last posted its quarterly earnings data on Wednesday, July 31st. The company reported C$0.85 earnings per share for the quarter. The firm had revenue of C$121.04 million during the quarter. Gran Tierra Energy had a net margin of 7.68% and a return on equity of 12.50%. As a group, equities analysts anticipate that Gran Tierra Energy will post 0.4175101 earnings per share for the current fiscal year.

Gran Tierra Energy Company Profile

Gran Tierra Energy Inc, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. The company was founded in 2003 and is headquartered in Calgary, Canada.