Gran Tierra Energy Inc (GTE) Insider Gmt Capital Corp Purchases 8,800 Shares

Gran Tierra Energy Inc (TSE:GTE) (NYSEMKT:GTE) insider Gmt Capital Corp purchased 8,800 shares of Gran Tierra Energy stock in a transaction on Monday, September 10th. The shares were acquired at an average cost of C$3.21 per share, with a total value of C$28,248.00.

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

  • On Tuesday, September 4th, Gmt Capital Corp purchased 12,900 shares of Gran Tierra Energy stock. The shares were acquired at an average cost of C$3.46 per share, with a total value of C$44,634.00.
  • On Wednesday, August 29th, Gmt Capital Corp purchased 12,900 shares of Gran Tierra Energy stock. The shares were acquired at an average cost of C$3.46 per share, with a total value of C$44,634.00.
  • On Monday, July 23rd, Gmt Capital Corp purchased 12,900 shares of Gran Tierra Energy stock. The shares were acquired at an average cost of C$3.37 per share, with a total value of C$43,473.00.
  • On Monday, June 25th, Gmt Capital Corp purchased 16,400 shares of Gran Tierra Energy stock. The shares were acquired at an average cost of C$3.19 per share, with a total value of C$52,316.00.
  • On Wednesday, June 20th, Gmt Capital Corp acquired 20,500 shares of Gran Tierra Energy stock. The shares were purchased at an average cost of C$3.21 per share, for a total transaction of C$65,805.00.

Shares of TSE GTE traded up C$0.01 during midday trading on Monday, reaching C$4.23. 280,450 shares of the stock were exchanged, compared to its average volume of 737,111. Gran Tierra Energy Inc has a twelve month low of C$2.47 and a twelve month high of C$4.75.

A number of brokerages have recently commented on GTE. BMO Capital Markets set a C$5.50 price objective on shares of Gran Tierra Energy and gave the stock an “outperform” rating in a research note on Friday, July 20th. CIBC raised their price objective on shares of Gran Tierra Energy from C$4.00 to C$5.00 in a research note on Friday, May 18th. Finally, Canaccord Genuity raised their price objective on shares of Gran Tierra Energy from C$6.00 to C$7.00 in a research note on Tuesday, July 10th.

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. 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.

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