Gran Tierra Energy (GTE) to Release Earnings on Monday

Gran Tierra Energy (TSE:GTE) (NYSEMKT:GTE) is scheduled to be releasing its earnings data before the market opens on Monday, November 4th.

Gran Tierra Energy (TSE:GTE) (NYSEMKT:GTE) last issued its quarterly earnings results on Wednesday, July 31st. The company reported C$0.85 EPS 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%.

Gran Tierra Energy Stock Down 2.5 %

Shares of GTE opened at C$8.61 on Friday. Gran Tierra Energy has a fifty-two week low of C$6.36 and a fifty-two week high of C$14.23. The company’s fifty day moving average is C$8.97 and its two-hundred day moving average is C$11.22. The firm has a market cap of C$263.90 million, a PE ratio of 4.11, a price-to-earnings-growth ratio of 0.23 and a beta of 1.57. The company has a quick ratio of 0.58, a current ratio of 0.75 and a debt-to-equity ratio of 147.61.

Analysts Set New Price Targets

Separately, Royal Bank of Canada dropped their price target on Gran Tierra Energy from C$10.00 to C$9.50 in a research note on Monday, October 7th.

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.