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Artek Exploration (TSE:RTK) announced its earnings results on Friday. The company reported $0.03 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.03, AnalystRatings.Net reports.

RTK has been the subject of a number of recent research reports. Analysts at National Bank Financial cut their price target on shares of Artek Exploration from C$5.00 to C$4.25 in a research note on Thursday. They now have an “outperform” rating on the stock. On the ratings front, analysts at NBF cut their price target on shares of Artek Exploration from C$5.00 to C$4.25 in a research note on Thursday. Finally, analysts at Raymond James cut their price target on shares of Artek Exploration from C$6.50 to C$5.00 in a research note on Thursday. They now have an “outperform” rating on the stock.

Artek Exploration (TSE:RTK) opened at 3.02 on Friday. Artek Exploration has a one year low of $2.97 and a one year high of $4.65. The stock has a 50-day moving average of $3.73 and a 200-day moving average of $3.95. The company has a market cap of $202.4 million and a P/E ratio of 81.00.

Artek Exploration Ltd. (TSE:RTK) is a junior oil and gas company engaged in the exploration for, and the acquisition, development and production of, oil and natural gas reserves in western Canada.

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