Leucrotta Exploration Inc (CVE:LXE) – Analysts at Cormark decreased their FY2019 earnings per share (EPS) estimates for Leucrotta Exploration in a research report issued on Wednesday. Cormark analyst A. Arif now anticipates that the oil and natural gas company will post earnings per share of $0.02 for the year, down from their prior estimate of $0.06.

Leucrotta Exploration (CVE:LXE) last announced its quarterly earnings data on Wednesday, November 29th. The oil and natural gas company reported C($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of C($0.01). Leucrotta Exploration had a negative net margin of 28.53% and a negative return on equity of 2.08%.

Other equities analysts have also recently issued reports about the stock. Eight Capital dropped their price objective on shares of Leucrotta Exploration from C$2.10 to C$1.80 in a research note on Wednesday, October 25th. BMO Capital Markets set a C$2.00 price objective on shares of Leucrotta Exploration and gave the stock a “market perform” rating in a research report on Wednesday, October 25th. Finally, National Bank Financial boosted their price objective on shares of Leucrotta Exploration from C$2.00 to C$2.25 and gave the stock an “outperform” rating in a research report on Tuesday, January 9th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of C$2.49.

Leucrotta Exploration (CVE:LXE) opened at C$1.77 on Friday. The stock has a market cap of $354.86, a price-to-earnings ratio of -59.00 and a beta of 0.95. Leucrotta Exploration has a 12 month low of C$1.43 and a 12 month high of C$2.55.

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Leucrotta Exploration Company Profile

Leucrotta Exploration Inc engages in the exploration, development, and production of oil and natural gas reserves in Canada. As of April 6, 2017, the company had interests in approximately 100,500 gross acres of undeveloped land in the Dawson-Sunrise area of northeast British Columbia. Leucrotta Exploration Inc was incorporated in 2014 and is headquartered in Calgary, Canada.

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