Coelacanth Energy Inc. (CVE:CEI - Get Free Report)'s share price traded down 2.3% during trading on Thursday . The company traded as low as C$0.84 and last traded at C$0.84. 10,151 shares were traded during mid-day trading, a decline of 91% from the average session volume of 117,169 shares. The stock had previously closed at C$0.86.
Wall Street Analysts Forecast Growth
Separately, Cormark upgraded Coelacanth Energy to a "moderate buy" rating in a research note on Tuesday, March 4th.
View Our Latest Research Report on CEI
Coelacanth Energy Price Performance
The firm's 50 day moving average price is C$0.85 and its 200-day moving average price is C$0.84. The firm has a market cap of C$445.76 million, a price-to-earnings ratio of -66.04 and a beta of 0.98.
Coelacanth Energy Company Profile
(
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Coelacanth Energy Inc, an oil and natural gas company, engages in the acquisition, development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada. The company owns approximately 150 net sections of Montney acreage located in the Two Rivers area of northeastern British Columbia.
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