Pine Cliff Energy Ltd. (TSE:PNE - Get Free Report) Director Amber Foulkes Hilary acquired 20,000 shares of the business's stock in a transaction on Thursday, April 17th. The shares were purchased at an average price of C$0.59 per share, for a total transaction of C$11,800.00.
Pine Cliff Energy Stock Performance
Pine Cliff Energy stock remained flat at C$0.59 during trading on Thursday. 218,359 shares of the company were exchanged, compared to its average volume of 199,790. The company has a debt-to-equity ratio of 76.74, a current ratio of 0.47 and a quick ratio of 1.48. The company has a market capitalization of C$213.69 million, a price-to-earnings ratio of -14.24 and a beta of 0.37. Pine Cliff Energy Ltd. has a 1 year low of C$0.51 and a 1 year high of C$1.14. The company has a fifty day moving average of C$0.74 and a 200-day moving average of C$0.85.
Pine Cliff Energy Cuts Dividend
The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 30th will be paid a $0.0013 dividend. This represents a $0.02 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date is Tuesday, April 15th. Pine Cliff Energy's dividend payout ratio is presently -144.83%.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on PNE shares. Desjardins dropped their price target on Pine Cliff Energy from C$1.10 to C$0.95 and set an "outperform" rating on the stock in a research report on Wednesday, March 19th. Canaccord Genuity Group upgraded shares of Pine Cliff Energy from a "hold" rating to a "buy" rating and set a C$0.90 price target on the stock in a report on Thursday, April 3rd.
View Our Latest Stock Report on Pine Cliff Energy
Pine Cliff Energy Company Profile
(
Get Free Report)
Pine Cliff Energy Ltd is a Canadian natural gas focused, exploration and production company. It is mainly engaged in the exploration, development, and production of natural gas, crude oil, and natural gas liquids. The company owns a Western Canadian Sedimentary Basin, Ghost Pine/Three Hills and Camrose/Viking areas of Central Alberta, several gas assets in Southeast Alberta and Southwest Saskatchewan, non-operated properties in the Sundance, Harmattan, and Garrington areas of Alberta and others.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Pine Cliff Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pine Cliff Energy wasn't on the list.
While Pine Cliff Energy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for April 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
