Shares of Canacol Energy Ltd (TSE:CNE - Get Free Report) reached a new 52-week low on Thursday . The company traded as low as C$3.05 and last traded at C$3.08, with a volume of 7689 shares. The stock had previously closed at C$3.14.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group increased their price target on Canacol Energy from C$5.40 to C$5.50 and gave the company a "hold" rating in a research note on Tuesday, July 16th.
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Canacol Energy Stock Performance
The firm has a market cap of C$104.72 million, a price-to-earnings ratio of 6.53 and a beta of 0.82. The company has a current ratio of 0.97, a quick ratio of 1.34 and a debt-to-equity ratio of 203.67. The stock's 50 day moving average is C$3.56 and its 200 day moving average is C$4.19.
Canacol Energy (TSE:CNE - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The oil and gas exploration company reported C($0.85) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$1.15 by C($2.00). The firm had revenue of C$129.40 million for the quarter, compared to the consensus estimate of C$119.69 million. Canacol Energy had a return on equity of 3.50% and a net margin of 3.45%. Analysts anticipate that Canacol Energy Ltd will post 0.2408551 earnings per share for the current year.
Canacol Energy Company Profile
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Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada.
Further Reading
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