At the time of writing, Granite Ridge Resources Inc [GRNT] stock is trading at $5.4, up 2.27%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GRNT shares have gain 3.85% over the last week, with a monthly amount drifted -2.88%, and not 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.
For the past year, the stock price of Granite Ridge Resources Inc fluctuated between $4.52 and $7.00. Granite Ridge Resources Inc [NYSE: GRNT] shares were valued at $5.4 at the most recent close of the market.
Analyzing the GRNT fundamentals
According to Granite Ridge Resources Inc [NYSE:GRNT], the company’s sales were 432.53M for trailing twelve months, which represents an 20.48% jump. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 4.77, Equity is 0.05 and Total Capital is -1.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.43.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.31 points at the first support level, and at 5.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.47, and for the 2nd resistance point, it is at 5.55.
Ratios To Look Out For
It is important to note that Granite Ridge Resources Inc [NYSE:GRNT] has a current ratio of 1.32. Further, the Quick Ratio stands at 1.32, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 1.64, the price to book ratio is 1.10 and price to earnings (TTM) ratio is 22.01.
Transactions by insiders
Recent insider trading involved Miller Matthew Reade, Director, that happened on Sep 15 ’25 when 600.0 shares were purchased. Director, MCCARTNEY JOHN completed a deal on Aug 21 ’25 to buy 974.0 shares. Meanwhile, Director MCCARTNEY JOHN bought 5000.0 shares on Aug 18 ’25.
