Gran Tierra Energy Inc. (GTE:CA) Rises 6.43% for October 09

Equities Staff  |

October 09 was a positive day for Gran Tierra Energy Inc. (GTE:CA) as its stock finished the day having gained 6.43% to hit a price of $1.49 a share. The company reached a market cap of 567.65 million and has 380.97 million shares outstanding. Gran Tierra Energy Inc. is a component of the the S&P/TSX Composite Index.

1.41 million shares changed hands over the course of the day as compared to an average volume of n/a over the last 30 days for Gran Tierra Energy Inc..

Gran Tierra Energy is an independent energy company engaged in the acquisition, exploration, development, and production of oil and gas properties in Colombia. The company produces primarily light crude oil, supplemented with medium crude and natural gas. Production averaged 36,100 barrels of oil equivalent per day in 2018, and the company estimates that it holds approximately 142 million boe of proven and probable crude oil and natural gas reserves.. The company makes its home in Calgary, AB, and is currently under the leadership of CEO Gary S. Guidry.

Gran Tierra Energy Inc. has hit a high of $4.97 and reached a low of $1.38 over its last year of trading. The stock’s 50-day SMA is now $n/a and 200-day SMA is $n/a. As for its price valuations, the P/E ratio is at n/a and P/B is now 0.41.

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Launched in 1977, the S&P/TSX Composite Index is widely recognized as the benchmark gauge for the broader Canadian equity market. According to TMX, the index cover approximately 95% of the Canadian equities market and only Canadian-based companies listed on the Toronto Stock Exchange are eligible to be included in the index.

To get more information on Gran Tierra Energy Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: GTE:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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