Insider Buying: Gran Tierra Energy Inc (GTE) Insider Purchases C$52,316.00 in Stock

Gran Tierra Energy Inc (TSE:GTE) (NYSEMKT:GTE) insider Gmt Capital Corp acquired 16,400 shares of Gran Tierra Energy stock in a transaction dated Monday, June 25th. The shares were acquired at an average price of C$3.19 per share, with a total value of C$52,316.00.

Gmt Capital Corp also recently made the following trade(s):

  • On Wednesday, June 20th, Gmt Capital Corp acquired 20,500 shares of Gran Tierra Energy stock. The shares were acquired at an average price of C$3.21 per share, with a total value of C$65,805.00.
  • On Monday, June 4th, Gmt Capital Corp sold 11,100 shares of Gran Tierra Energy stock. The stock was sold at an average price of C$3.25, for a total value of C$36,075.00.
  • On Thursday, May 31st, Gmt Capital Corp acquired 8,300 shares of Gran Tierra Energy stock. The shares were acquired at an average price of C$3.25 per share, with a total value of C$26,975.00.
  • On Tuesday, May 29th, Gmt Capital Corp acquired 14,600 shares of Gran Tierra Energy stock. The shares were acquired at an average price of C$3.14 per share, with a total value of C$45,844.00.
  • On Wednesday, April 18th, Gmt Capital Corp acquired 3,100 shares of Gran Tierra Energy stock. The shares were acquired at an average price of C$3.15 per share, with a total value of C$9,765.00.
  • On Friday, April 6th, Gmt Capital Corp acquired 24,200 shares of Gran Tierra Energy stock. The shares were acquired at an average price of C$2.75 per share, with a total value of C$66,550.00.
  • On Monday, April 2nd, Gmt Capital Corp acquired 11,300 shares of Gran Tierra Energy stock. The shares were acquired at an average price of C$2.73 per share, with a total value of C$30,849.00.

Shares of TSE:GTE opened at C$4.63 on Friday. Gran Tierra Energy Inc has a 12 month low of C$2.41 and a 12 month high of C$4.64.

Gran Tierra Energy (TSE:GTE) (NYSEMKT:GTE) last announced its earnings results on Tuesday, May 1st. The company reported C$0.06 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.11 by C($0.05). Gran Tierra Energy had a negative return on equity of 16.58% and a negative net margin of 31.22%. The firm had revenue of C$174.74 million for the quarter, compared to the consensus estimate of C$167.77 million.

GTE has been the subject of several analyst reports. Canaccord Genuity boosted their price objective on Gran Tierra Energy from C$5.00 to C$5.50 in a research report on Wednesday, April 11th. CIBC reduced their price objective on Gran Tierra Energy from C$4.00 to C$3.50 in a research report on Tuesday, March 20th. Citigroup boosted their price objective on Gran Tierra Energy from C$4.60 to C$5.10 in a research report on Thursday, May 3rd. Royal Bank of Canada boosted their price objective on Gran Tierra Energy from C$4.60 to C$4.80 and gave the stock a “top pick” rating in a research report on Friday, March 2nd. Finally, Scotiabank set a C$5.75 price objective on Gran Tierra Energy and gave the stock an “outperform” rating in a research report on Thursday, March 1st.

About Gran Tierra Energy

Gran Tierra Energy Inc, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia. As of December 31, 2017, the company had total proved undeveloped reserves of 19.6 million barrels of oil equivalent. Gran Tierra Energy Inc was incorporated in 2003 and is headquartered in Calgary, Canada.

Insider Buying and Selling by Quarter for Gran Tierra Energy (TSE:GTE)

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