Leucrotta Exploration (LXE) Reaches New 52-Week Low at $1.62

Shares of Leucrotta Exploration Inc (CVE:LXE) reached a new 52-week low during trading on Thursday . The stock traded as low as C$1.62 and last traded at C$1.62, with a volume of 86900 shares changing hands. The stock had previously closed at C$1.73.

Separately, Raymond James raised their price objective on shares of Leucrotta Exploration from C$2.45 to C$2.75 in a research note on Thursday, July 5th.

Leucrotta Exploration (CVE:LXE) last announced its quarterly earnings data on Wednesday, August 29th. The oil and natural gas company reported C($0.01) earnings per share (EPS) for the quarter. Leucrotta Exploration had a negative net margin of 28.53% and a negative return on equity of 2.08%. The business had revenue of C$7.33 million during the quarter, compared to the consensus estimate of C$7.27 million.

In other Leucrotta Exploration news, insider Gmt Capital Corp sold 36,620 shares of the firm’s stock in a transaction that occurred on Tuesday, October 2nd. The shares were sold at an average price of C$1.44, for a total value of C$52,732.80.

Leucrotta Exploration Company Profile (CVE:LXE)

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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