Gran Tierra Energy Inc. [GTE] shares are down more than -80.17% this year and recently decreased -0.07% or -$0.02 to settle at $0.30. Analysts expect GTE to grow earnings at a 10.00% annual rate over the next 5 years. GTE has a short ratio of 0.48. This implies that the market is currently less bearish on the outlook for GTE.
On 28, July 2020, Gran Tierra Announces Release Date for its 2020 Second Quarter Results, Conference Call and Webcast Details. According to news published on Yahoo Finance, Gran Tierra Energy Inc. (“Gran Tierra”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE), announces that the Company will release its 2020 second quarter financial and operating results on Tuesday, August 4, 2020, after market close. A conference call to discuss the 2020 second quarter results will be held at 11:00 a.m. Eastern Time (9:00 a.m. Mountain Time) the following day, Wednesday August 5, 2020. Details of the conference call are as follows:.
Analyst Birdseye View:
The most recent analyst activity for Gran Tierra Energy Inc. [AMEX:GTE] stock was on April 07, 2020, when it was Downgrade with a Sector underperform rating from Scotiabank. On October 11, 2019, National Bank Financial Initiated a Sector perform rating. On May 21, 2019, RBC Capital Mkts Downgrade an Outperform rating. On February 10, 2017, Credit Suisse Upgrade an Outperform rating. On November 04, 2016, Citigroup Upgrade a Buy rating. On June 20, 2016, RBC Capital Mkts Upgrade a Top pick rating and boosted its target amount on this stock from $4.75 to $6.
In the past 52 weeks of trading, this stock has oscillated between a low of $0.18 and a peak of $1.69. Right now, according to Wall Street analyst the average 12-month amount target is $0.50. At the most recent market close, shares of Gran Tierra Energy Inc. [AMEX:GTE] were valued at $0.30.
Gran Tierra Energy Inc. [AMEX:GTE] most recently reported quarterly sales of 86.08 billion, which represented growth of -43.60%. This publicly-traded organization’s revenue is $1,577,301 per employee, while its income is $106,878 per employee. This company’s Gross Margin is currently 59.80%, its Operating Margin is -25.90%, its Pretax Margin is +16.81, and its Net Margin is +6.78. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 2.08, 3.75, 6.80 and 2.45 respectively.
The Principal structure of this organization shows its whole liability to whole principal at 40.53 and the whole liability to whole assets at 34.42. It shows enduring liability to the whole principal at 40.34 and enduring liability to assets at 0.34 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 0.3125 points at 1st support level, the second support level is making up to 0.3037. But as of 1st resistance point, this stock is sitting at 0.3275 and at 0.3337 for 2nd resistance point.
Gran Tierra Energy Inc. [GTE] reported its earnings at $0.18 per share in the fiscal quarter closing of 9/29/2018. The Analysts for Wall Street were expecting to report its earnings at $0.11/share signifying the difference of 0.07 and 63.60% surprise value. Comparing the previous quarter ending of 6/29/2018, the stated earnings were $0.05 calling estimates for $0.09/share with the difference of -0.04 depicting the surprise of -44.40%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Gran Tierra Energy Inc. [AMEX:GTE] is 1.30. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.52. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.86 and it’s amount to book ratio is 0.46.
Shifting our attention to insider trading activity, in the last 3 months, 18 insider purchases representing 112,696 shares. The most recent insider trade was by GMT CAPITAL CORP, 10% Owner, and it was the sale of 1.0 million shares on Jun 05. West Lawrence, the Vice President, Exploration, completed a purchase of 57970.0 shares on Mar 25. On Mar 25, GMT CAPITAL CORP, 10% Owner, completed a purchase of 0.9 million shares.