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Analysts Offer Predictions for Logan Energy FY2025 Earnings

Logan Energy logo with Energy background
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Logan Energy Corp. (CVE:LGN - Free Report) - Research analysts at Cormark issued their FY2025 EPS estimates for shares of Logan Energy in a research report issued to clients and investors on Thursday, March 20th. Cormark analyst K. Baim expects that the company will earn $0.08 per share for the year. Cormark has a "Moderate Buy" rating on the stock. The consensus estimate for Logan Energy's current full-year earnings is $0.01 per share.

Separately, Scotiabank dropped their price objective on Logan Energy from C$1.85 to C$1.75 in a report on Friday, January 17th. Three research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of C$1.50.

Check Out Our Latest Stock Report on LGN

Logan Energy Price Performance

Shares of LGN traded down C$0.02 during mid-day trading on Monday, reaching C$0.66. 192,380 shares of the company's stock traded hands, compared to its average volume of 300,296. The stock's 50-day moving average is C$0.67 and its two-hundred day moving average is C$0.73. Logan Energy has a 12 month low of C$0.58 and a 12 month high of C$0.97. The stock has a market cap of C$381.43 million and a P/E ratio of 19.09.

About Logan Energy

(Get Free Report)

Logan Energy Corp. engages in the exploration, development and production of crude oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in northeastern British Columbia. Logan Energy Corp. was incorporated in 2023 and is headquartered in Calgary, Canada.

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