Coelacanth Energy (CVE:CEI) Upgraded to Strong-Buy at Ventum Cap Mkts

Key Points

• Coelacanth Energy's stock rating has been upgraded to a "strong-buy" by Ventum Capital Markets, indicating increased investor confidence in the company's future performance.
• Analysts have set varied price targets for the stock, with Ventum Financial targeting C$1.15 and Roth Capital setting a C$1.05 price target, while the average consensus target price is C$1.10.
• Insider sales include a significant transaction where Senior Officer John Nandor Fur sold 59,700 shares at C$0.80, contributing to a total of 400,356 shares sold by insiders in the last ninety days.

Coelacanth Energy (CVE:CEI - Get Free Report) was upgraded by stock analysts at Ventum Cap Mkts to a "strong-buy" rating in a research report issued on Wednesday,Zacks.com reports. Ventum Cap Mkts also issued estimates for Coelacanth Energy's Q2 2025 earnings at $0.00 EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.01 EPS, FY2025 earnings at ($0.01) EPS, Q1 2026 earnings at $0.01 EPS, Q2 2026 earnings at $0.01 EPS, Q3 2026 earnings at $0.01 EPS, Q4 2026 earnings at $0.02 EPS and FY2026 earnings at $0.04 EPS.

CEI has been the subject of a number of other reports. Ventum Financial set a C$1.15 price target on shares of Coelacanth Energy and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Roth Capital set a C$1.05 price objective on shares of Coelacanth Energy and gave the company a "buy" rating in a research report on Monday, July 14th. One research analyst has rated the stock with a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Strong Buy" and an average price target of C$1.10.

Coelacanth Energy Stock Performance

Shares of CEI stock traded up C$0.04 on Wednesday, hitting C$0.85. The stock had a trading volume of 124,745 shares, compared to its average volume of 101,653. The firm has a market capitalization of C$451.07 million, a price-to-earnings ratio of -66.83 and a beta of 0.98. The stock's 50 day moving average is C$0.83 and its 200-day moving average is C$0.84. Coelacanth Energy has a 52-week low of C$0.69 and a 52-week high of C$0.98.

Insider Buying and Selling at Coelacanth Energy

In other news, Senior Officer Nolan Gregory Chicoine sold 78,653 shares of the firm's stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of C$0.80, for a total value of C$62,922.40. Also, Senior Officer John Nandor Fur sold 59,700 shares of the stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of C$0.80, for a total transaction of C$47,760.00. Over the last quarter, insiders sold 400,356 shares of company stock worth $320,493. Corporate insiders own 31.60% of the company's stock.

About Coelacanth Energy

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.