Canacol Energy (OTCMKTS:CNNEF - Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.33, Zacks reports. The company had revenue of $72.74 million during the quarter, compared to analyst estimates of $83.58 million.
Canacol Energy Stock Down 1.7%
Shares of CNNEF traded down $0.04 during mid-day trading on Tuesday, hitting $2.07. 21,827 shares of the company's stock were exchanged, compared to its average volume of 6,036. The firm has a fifty day moving average of $2.40 and a two-hundred day moving average of $2.51. Canacol Energy has a twelve month low of $1.98 and a twelve month high of $3.98. The stock has a market cap of $70.59 million, a price-to-earnings ratio of -14.79 and a beta of 1.04.
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.
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