Shares of Gran Tierra Energy have been surging since late August, 2021, after a strong earnings report and some management changes. Shares of small energy companies have generally been strong lately, likely due to higher oil and gas prices.
At about 60 cents per share, it’s still about half off its 52-week high. Our technical analysis from TradingView, below, rates it a sell.
Gran Tierra Energy is an oil & gas e&p business based in Canada. Gran Tierra Energy stocks (GTE) are listed on the Toronto Stock Exchange, and all prices are listed in Canadian Dollars.
Gran Tierra Energy employs 431 staff and has a trailing 12-month revenue of around C$611.4 million.Keep reading to see up-to-date Gran Tierra Energy stock price and performance data, along with a step-by-step guide for how to buy Gran Tierra Energy stock in Canada.
Gran Tierra Energy (GTE) stock summary
| Company stock name | Gran Tierra Energy Inc |
| Stock ticker symbol | GTE |
| Exchange | Toronto Stock Exchange |
| 52-week stock price range | C$4.33 – C$11.75 |
| Where to buy Gran Tierra Energy stock | Buy on CIBC Investor's Edge |
Can I buy Gran Tierra Energy stock in Canada?
Yes, you can buy Gran Tierra Energy stock in Canada. You simply need to open a brokerage account with an online trading platform that supports stocks on the Toronto Stock Exchange (TSX) exchange. Platforms like Interactive Brokers will allow you to directly buy Gran Tierra Energy stock from within Canada.How to buy Gran Tierra Energy stock
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Choose a stock trading platform.
Compare trading platforms. Choose a trading app with competitive pricing, access to trading tools and a user-friendly interface. (Check out our guide to the best trading apps in Canada.) -
Open a trading account.
To open a trading account, you'll need to provide personal information (like your email, phone number and banking details), verify your identity and complete the sign-up process. -
Fund your account.
Deposit funds into your trading account by linking your bank account via an Electronic Funds Transfer (EFT), wire transfer, cheque deposit or by whatever means the platform supports. Make sure you deposit enough to cover the stock price + any trading fees. -
Search for the stock—GTE.
Look up the stock using its name (Gran Tierra Energy Inc) or ticker symbol (GTE). Review its current price, recent performance and other relevant data before placing your order. -
Complete your purchase of Gran Tierra Energy stock.
Choose the number of GTE stocks you want to purchase, place your order, confirm the details and then submit. Once executed, the shares will appear in your trading account.
Our top picks for where to buy Gran Tierra Energy stock
Gran Tierra Energy stock chart (Toronto Stock Exchange (TSX): GTE)
This chart tracks Gran Tierra Energy stock price performance over time.Gran Tierra Energy stock price
We'll update this guide as more Gran Tierra Energy stock information becomes available.
Is Gran Tierra Energy stock a buy or sell right now?
The technical analysis gauge above shows real-time buy or sell ratings and analysis for Gran Tierra Energy stock based on your selected timeframe. It uses three widely followed indicators—moving averages, oscillators and pivots—but this does not represent investment advice or a guarantee of success. Finder may not concur with these signals and accepts no responsibility for the performance of your stocks.
Can I buy Gran Tierra Energy stock on the TSX?
No, you cannot buy Gran Tierra Energy stock on the TSX because Gran Tierra Energy stock is not listed on the TSX. Instead, Gran Tierra Energy stock is listed on the Toronto Stock Exchange under the symbol "GTE."
That said, if you're wondering how to invest in Gran Tierra Energy stock in Canada, you still have the option to do so by opening a trading account with a Canadian brokerage that gives you access to Toronto Stock Exchange, like Interactive Brokers.
Gran Tierra Energy stock dividends
Gran Tierra Energy is not expected to pay a dividend over the next 12 months. We'll continue to monitor Gran Tierra Energy's stock information and update this guide if that changes.
Gran Tierra Energy stock performance metrics
Here are some common key metrics for Gran Tierra Energy stock that analysts often use to help gauge a stock's value—P/E ratio, PEG ratio and EBITDA.
Has Gran Tierra Energy stock ever split?
Gran Tierra Energy's stocks were split on a 1:10 basis on May 7, 2023. So, if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Gran Tierra Energy stocks, just the quantity.
However, indirectly, the new 900% higher stock price could have impacted the market appetite for Gran Tierra Energy stocks, which in turn could have impacted Gran Tierra Energy's stock price.How volatile is Gran Tierra Energy stock?
Over the last 12 months, Gran Tierra Energy's stocks price has ranged from C$4.33 to as high as C$11.75. Gran Tierra Energy's beta measurement of stock volatility is 0.38. For comparison, the market (Toronto Stock Exchange) average beta is 1. This would suggest that Gran Tierra Energy's stocks are less volatile than average (on this exchange).
Some analysists use "beta" to gauge a stock's volatility. Beta is a popular way to measure a stocks volatility in relation to the market. Here is a breakdown of Gran Tierra Energy's beta stock volatility rating.
Gran Tierra Energy company and revenue performance
| Market Capitalization | C$229.2 million |
|---|---|
| Gross profit (TTM) | C$341.5 million |
| Profit margin | -14.10% |
| Revenue (TTM) | C$611.4 million |
| Return on assets (TTM) | 1.11% |
| Return on equity (TTM) | -21.91% |
| Earnings per share (TTM) | -C$3.60 |
| 50-day moving stock price average | C$5.92 |
| 200-day moving stock price average | C$6.28 |
Gran Tierra Energy company profile
Gran Tierra Energy Inc., together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia, Canada, and Ecuador. The company was founded in 2003 and is headquartered in Calgary, Canada.
Compare trading platforms to buy Gran Tierra Energy stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Do I have to pay tax on gains from Gran Tierra Energy stock sales in Canada?
Yes, you'll need to pay taxes in Canada on investment income, which includes any profit from selling Gran Tierra Energy stock. The CRA taxes investment income from stocks in Canada based on three main factors:
- Investment income. Investment income includes money earned from interest, dividends or capital gains, which may affect how much you have to pay in taxes on stock sales in Canada.
- Investor type. Your investment income will be taxed differently depending on whether you're a regular investor or a day trader (which means you buy and trade stocks on a daily basis as your primary form of income).
- Tax bracket. The higher your tax bracket, the more you'll pay on income from stock sales. Your tax bracket depends on your gross income (minus deductions).
You can learn more about the tax implications of selling stocks in Canada here.
Frequently asked questions about Gran Tierra Energy stock
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