Pine Cliff Energy Ltd. (TSE:PNE - Get Free Report) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.75 and last traded at C$0.77, with a volume of 89071 shares trading hands. The stock had previously closed at C$0.78.
Pine Cliff Energy Price Performance
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 stock has a market capitalization of C$286.13 million, a PE ratio of -19.07 and a beta of 0.37. The company has a 50 day moving average price of C$0.88 and a 200-day moving average price of C$0.90.
Pine Cliff Energy Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 31st will be paid a dividend of $0.005 per share. The ex-dividend date is Friday, March 14th. This represents a $0.06 annualized dividend and a dividend yield of 7.59%. Pine Cliff Energy's dividend payout ratio (DPR) is presently -144.83%.
Insider Activity
In other news, Director Robert Brent Fryk purchased 68,500 shares of the company's stock in a transaction that occurred on Tuesday, December 24th. The shares were bought at an average cost of C$0.80 per share, for a total transaction of C$54,731.50. Over the last three months, insiders have acquired 88,500 shares of company stock valued at $70,432. Company insiders own 10.97% of the company's stock.
About Pine Cliff Energy
(
Get Free Report)
Pine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of natural gas and crude oil in the Western Canadian Sedimentary Basin. The company primarily holds interest in oil and gas properties in the Viking and Ghost Pine area of Central Alberta, as well as in the Southern Alberta, Southern Saskatchewan, and Edson areas.
See Also
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
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
