Cardinal Energy Ltd. (TSE:CJ - Get Free Report) announced a monthly dividend on Friday, May 30th, TickerTech Dividends reports. Shareholders of record on Monday, June 16th will be given a dividend of 0.06 per share on Monday, June 16th. This represents a $0.72 dividend on an annualized basis and a yield of 11.73%. The ex-dividend date of this dividend is Friday, May 30th.
Cardinal Energy Price Performance
Shares of CJ traded down C$0.17 during mid-day trading on Friday, hitting C$6.14. The company's stock had a trading volume of 384,560 shares, compared to its average volume of 737,801. The company has a current ratio of 0.50, a quick ratio of 0.67 and a debt-to-equity ratio of 8.05. The firm has a 50-day simple moving average of C$5.94 and a 200 day simple moving average of C$6.28. The firm has a market capitalization of C$980.03 million, a P/E ratio of 9.49, a P/E/G ratio of -0.26 and a beta of 2.81. Cardinal Energy has a 1-year low of C$4.64 and a 1-year high of C$7.19.
Wall Street Analyst Weigh In
CJ has been the subject of several research reports. CIBC reduced their price objective on Cardinal Energy from C$8.00 to C$7.00 in a report on Thursday, April 10th. Royal Bank of Canada raised Cardinal Energy from a "sector perform" rating to an "outperform" rating and lifted their price objective for the stock from C$7.00 to C$7.50 in a report on Thursday, April 17th.
Check Out Our Latest Stock Report on CJ
Insider Transactions at Cardinal Energy
In other Cardinal Energy news, Director John Festival acquired 6,925 shares of the stock in a transaction dated Friday, May 23rd. The stock was acquired at an average price of C$6.13 per share, with a total value of C$42,450.25. Also, Director John Albert Brussa acquired 30,000 shares of the stock in a transaction dated Monday, April 7th. The stock was acquired at an average cost of C$5.42 per share, with a total value of C$162,600.00. Insiders purchased a total of 96,925 shares of company stock valued at $560,050 over the last three months. 23.38% of the stock is currently owned by insiders.
About Cardinal Energy
(
Get Free Report)
Cardinal Energy Ltd is an oil-focused Canadian company. The company's principal business activity is the acquisition, exploration, and production of petroleum and natural gas in the provinces of Alberta and Saskatchewan.
See Also
Before you consider Cardinal 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 Cardinal Energy wasn't on the list.
While Cardinal Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
