Frontera Energy (TSE:FEC) Trading 1.2% Higher - Here's What Happened

Shares of Frontera Energy Co. (TSE:FEC - Get Free Report) shot up 1.2% on Friday . The company traded as high as C$8.17 and last traded at C$8.14. 13,514 shares were traded during trading, a decline of 72% from the average session volume of 47,997 shares. The stock had previously closed at C$8.04.

Frontera Energy Trading Up 1.2 %

The company has a debt-to-equity ratio of 29.45, a quick ratio of 0.72 and a current ratio of 0.97. The stock has a market cap of C$685.31 million, a P/E ratio of 4.71, a P/E/G ratio of 0.06 and a beta of 1.92. The company has a 50-day simple moving average of C$8.05 and a 200-day simple moving average of C$8.14.

Frontera Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, January 3rd will be issued a $0.063 dividend. The ex-dividend date is Friday, January 3rd. This represents a $0.25 dividend on an annualized basis and a dividend yield of 3.10%. Frontera Energy's dividend payout ratio is 14.45%.

About Frontera Energy

Frontera Energy Corporation engages in the exploration, development, production, transportation, storage, and sale of crude oil and natural gas in South America. The company has a portfolio of assets, which consists of interests in 24 exploration and production blocks in Colombia, Ecuador, and Guyana; and in pipeline and port facilities in Colombia.

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