A statement released earlier today by TD Securities about Gran Tierra Energy (TSE:GTE) bumps the target price to $5.50
- Updated: September 27, 2016
Having a price of $3.53, Gran Tierra Energy (TSE:GTE) traded -0.28% lower on the day. With the last close down -4.85% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Gran Tierra Energy has recorded a 50-day average of $3.74 and a two hundred day average of $3.71. Volume of trade was down over the average, with 785,236 shares of GTE changing hands under the typical 1,027,720
Stating a potential upside of 0.56%, TD Securities upped the price target of Gran Tierra Energy (TSE:GTE) to $5.50
On 9/15/2016, Scotia Capital released a statement on Gran Tierra Energy (TSE:GTE) upped the target price from $0.00 to $5.25 that suggested an upside of 0.44%.
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Gran Tierra Energy has a 52 week low of $2.56 and a 52 week high of $4.44 The company’s market cap is currently $0.
General Information About Gran Tierra Energy (TSE:GTE)
Gran Tierra Energy Inc. is an energy company engaged in oil and gas acquisition, exploration, development and production. The Company focuses on onshore oil and gas properties in Colombia, and also own rights to oil and gas properties in Brazil and Peru. Its segments are Colombia, Peru and Brazil based on geographic organization. It operates principally in the Putumayo Basin in Colombia, and has properties in other basins, including the Catatumbo, Cauca, Llanos, Sinu-San Jacinto, Middle Magdalena and Lower Magdalena Basins. It has interests in over 30 blocks in Colombia and it is the operator on over 20 of these blocks. Its blocks and fields include Chaza-Costayaco and Moqueta Fields, Guayuyaco-Guayuyaco and Juanambu Fields, Garibay-Jilguero Field and over 11 Other Blocks. Blocks REC-T-129, REC-T-142, REC-T-155 and REC-T-224 are located over 70 kilometers northeast of Salvador, Brazil in the Reconcavo Basin. Its blocks in Peru include Block 123, Block 129, Block 107 and Block 133.
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