Granite Ridge Resources Inc [GRNT] stock is trading at $509680.0, up 1349599%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GRNT shares have gain 7.55% over the last week, with a monthly amount glided 14.67%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Granite Ridge Resources Inc [NYSE: GRNT] stock has seen the most recent analyst activity on February 21, 2025, when CapitalOne downgraded its rating to a Equal Weight. On May 15, 2024, ROTH MKM initiated with a Buy rating and assigned a price target of $8.80 on the stock. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $9 on November 07, 2023. Stephens initiated its recommendation with a Overweight and recommended $8 as its price target on September 27, 2023.
Granite Ridge Resources Inc [GRNT] stock has fluctuated between $4.52 and $7.10 over the past year. Granite Ridge Resources Inc [NYSE: GRNT] shares were valued at $509680.0 at the most recent close of the market.
Analyzing the GRNT fundamentals
Granite Ridge Resources Inc [NYSE:GRNT] reported sales of 413.96M for the trailing twelve months, which represents a growth of 38.13%. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.4.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
For context, Granite Ridge Resources Inc’s Current Ratio is 1.20. In addition, the Quick Ratio stands at 1.20 and the Cash Ratio stands at 0.15. Considering the valuation of this stock, the price to sales ratio is 2.03, the price to book ratio is 1.33 and price to earnings (TTM) ratio is 68.70.
Transactions by insiders
Recent insider trading involved Miller Matthew Reade, Director, that happened on Jun 13 ’25 when 544.0 shares were purchased. Director, Miller Matthew Reade completed a deal on Jun 16 ’25 to buy 17000.0 shares. Meanwhile, Director MCCARTNEY JOHN bought 2000.0 shares on Jun 03 ’25.
