Gran Tierra Energy (TSE:GTE) Stock Price Up 6.2%

Shares of Gran Tierra Energy Inc. (TSE:GTE) (NYSEMKT:GTE) rose 6.2% during trading on Friday . The company traded as high as C$0.88 and last traded at C$0.86. Approximately 1,014,202 shares changed hands during trading, an increase of 3% from the average daily volume of 981,678 shares. The stock had previously closed at C$0.81.

The company has a debt-to-equity ratio of 375.70, a current ratio of 0.73 and a quick ratio of 0.61. The business’s 50 day simple moving average is C$0.72 and its 200 day simple moving average is C$0.81. The company has a market capitalization of C$311.94 million and a PE ratio of -1.15.

Gran Tierra Energy (TSE:GTE) (NYSEMKT:GTE) last issued its earnings results on Tuesday, August 3rd. The company reported C$0.01 EPS for the quarter. The firm had revenue of C$118.72 million for the quarter. As a group, analysts anticipate that Gran Tierra Energy Inc. will post 0.2 EPS for the current year.

About Gran Tierra Energy (TSE:GTE)

Gran Tierra Energy Inc, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. As of December 31, 2020, it had total proved undeveloped reserves of 26.2 million barrels of oil equivalent in Colombia. The company was incorporated in 2003 and is headquartered in Calgary, Canada.

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