Leucrotta Exploration Inc (CVE:LXE) Senior Officer Robert John Zakresky sold 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 11th. The stock was sold at an average price of C$0.81, for a total transaction of C$81,000.00. Following the completion of the transaction, the insider now directly owns 5,232,720 shares in the company, valued at C$4,238,503.20.

LXE stock opened at C$0.72 on Wednesday. The stock has a market cap of $150.39 million and a price-to-earnings ratio of -33.20. The company has a current ratio of 1.55, a quick ratio of 1.29 and a debt-to-equity ratio of 0.08. The firm’s 50 day moving average price is C$0.86. Leucrotta Exploration Inc has a one year low of C$0.70 and a one year high of C$2.00.

Leucrotta Exploration (CVE:LXE) last released its quarterly earnings results on Wednesday, May 29th. The oil and natural gas company reported C$0.01 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of C$0.01. The firm had revenue of C$8.10 million for the quarter, compared to analysts’ expectations of C$9.35 million. On average, sell-side analysts forecast that Leucrotta Exploration Inc will post 0.01 EPS for the current fiscal year.

A number of research analysts have weighed in on the stock. Raymond James reissued an “outperform” rating and issued a $36.00 target price on shares of Zymeworks in a research note on Thursday, May 30th. Cormark decreased their target price on shares of Prairie Provident Resources from C$0.45 to C$0.40 in a research note on Tuesday, April 23rd. National Bank Financial decreased their target price on shares of Yangarra Resources from C$5.50 to C$5.00 and set an “outperform” rating on the stock in a research note on Tuesday, June 25th. Finally, GMP Securities reissued a “buy” rating and issued a $22.25 target price on shares of SPDR Wells Fargo Preferred Stock ETF in a research note on Friday, June 28th.

About Leucrotta Exploration

Leucrotta Exploration Inc operates as an oil and natural gas company. The company acquires, explores for, develops, and produces oil and natural gas reserves in northeastern British Columbia, Canada. It holds interest in approximately 100,500 gross acres of Montney land in Doe/Mica. Leucrotta Exploration Inc was incorporated in 2014 and is based in Calgary, Canada.

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