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What is Cormark's Estimate for CVE:CEI FY2024 Earnings?

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Coelacanth Energy Inc. (CVE:CEI - Free Report) - Investment analysts at Cormark issued their FY2024 earnings per share estimates for shares of Coelacanth Energy in a research report issued on Tuesday, March 4th. Cormark analyst K. Baim expects that the company will post earnings per share of ($0.02) for the year. Cormark currently has a "Moderate Buy" rating on the stock. Cormark also issued estimates for Coelacanth Energy's FY2025 earnings at $0.02 EPS and FY2026 earnings at $0.08 EPS.

Separately, Atb Cap Markets upgraded shares of Coelacanth Energy to a "strong-buy" rating in a research note on Thursday, February 6th.

Read Our Latest Research Report on CEI

Coelacanth Energy Stock Down 1.2 %

CEI traded down C$0.01 during trading hours on Thursday, hitting C$0.84. The company's stock had a trading volume of 111,018 shares, compared to its average volume of 170,982. Coelacanth Energy has a fifty-two week low of C$0.69 and a fifty-two week high of C$0.98. The stock has a market capitalization of C$445.76 million, a price-to-earnings ratio of -66.04 and a beta of 0.98. The business's 50-day moving average is C$0.85.

Coelacanth Energy Company Profile

(Get Free Report)

Coelacanth Energy Inc, an oil and natural gas company, engages in the acquisition, development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada. The company owns approximately 150 net sections of Montney acreage located in the Two Rivers area of northeastern British Columbia.

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