Closing Bell: Kelt Exploration Ltd up on Wednesday (KEL)

Kelt Exploration Ltd opened trading today at $5.95 and closed at $6.05. It traded at a low of $5.94 to a high of $6.08.

Shares advanced 3.60 percent from the previous day's close of $5.84.

Today across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

Kelt Exploration Ltd traded under KEL on the Toronto Stock Exchange (TSX).

A total of 334,957 shares was traded during the session, with total trades of 1,069. On average, Kelt Exploration Ltd has traded 297,394 shares over the last 5-days and 293,863 year-to-date.

The TSX market on the whole today saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, KEL.TO has traded as high as $8.16 (November 03,2023) and low as $5.01 (February 05,2024). Moreover, in the last 12 months, Kelt Exploration Ltd's shares have dipped -2.89%, while in 2024, they have raised 5.77%.

Following today's trading, Kelt Exploration Ltd has a market capitalization of $1.14 billion on a float of 195,218 shares outstanding. Its annual EPS is $0.42.

Kelt Exploration Ltd is a TSX Oil & Gas E&P company headquartered in Calgary, CAN.

Currently, Kelt Exploration Ltd has an average recommendation of "Strong Buy" based on 8.00 analysts according to Zacks. Currently, there are 7 buy ratings and 1 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..