Leucrotta Exploration Inc (CVE:LXE) will be posting its quarterly earnings results before the market opens on Tuesday, August 29th.

Leucrotta Exploration (CVE:LXE) last posted its earnings results on Tuesday, May 30th. The oil and natural gas company reported ($0.01) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.01). The business had revenue of $4.88 million for the quarter, compared to analyst estimates of $4.56 million. Leucrotta Exploration had a negative net margin of 19.03% and a negative return on equity of 1.57%.

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Separately, Raymond James Financial, Inc. lowered their target price on shares of Leucrotta Exploration from C$3.00 to C$2.90 and set an “outperform” rating on the stock in a report on Friday, June 2nd. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of C$2.91.

About Leucrotta Exploration

Leucrotta Exploration Inc is an oil and natural gas company. The Company is engaged in the acquisition, development, exploration and production of oil and natural gas reserves in northeastern British Columbia, Canada. The Company’s primary areas of focus are in the Dawson-Sunrise area of northeast British Columbia.

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