Leucrotta Exploration Inc. (LXE) Receives Average Rating of “Buy” from Brokerages

Leucrotta Exploration Inc. (CVE:LXE) has been given a consensus rating of “Buy” by the seven brokerages that are covering the firm, Marketbeat reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is C$2.54.

Several research firms have commented on LXE. Eight Capital set a C$2.10 price target on Leucrotta Exploration and gave the company a “neutral” rating in a report on Wednesday, September 27th. BMO Capital Markets set a C$2.25 price target on Leucrotta Exploration and gave the company a “market perform” rating in a report on Wednesday, August 30th.

In other news, insider Gmt Capital Corp purchased 1,364,500 shares of the business’s stock in a transaction on Tuesday, October 24th. The stock was purchased at an average price of C$1.22 per share, with a total value of C$1,664,690.00.

Leucrotta Exploration (CVE:LXE) remained flat at $C$1.80 during trading on Friday. 122,418 shares of the company were exchanged, compared to its average volume of 236,288. Leucrotta Exploration has a 1 year low of C$1.52 and a 1 year high of C$2.55.

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About Leucrotta Exploration

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