Pine Cliff Energy Ltd. (TSE:PNE - Get Free Report) announced a monthly dividend on Thursday, May 15th, TickerTech Dividends reports. Investors of record on Friday, May 30th will be given a dividend of 0.0013 per share on Friday, May 30th. This represents a $0.02 dividend on an annualized basis and a yield of 2.84%. The ex-dividend date is Thursday, May 15th.
Pine Cliff Energy Trading Down 1.8%
TSE PNE traded down C$0.01 on Friday, reaching C$0.55. The company had a trading volume of 46,215 shares, compared to its average volume of 184,122. The firm has a market cap of C$199.20 million, a price-to-earnings ratio of -13.28 and a beta of 0.37. Pine Cliff Energy has a fifty-two week low of C$0.51 and a fifty-two week high of C$1.14. The business has a 50 day moving average of C$0.63 and a two-hundred day moving average of C$0.78. The company has a debt-to-equity ratio of 76.74, a current ratio of 0.47 and a quick ratio of 1.48.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on PNE shares. Canaccord Genuity Group upgraded Pine Cliff Energy from a "hold" rating to a "buy" rating and set a C$0.90 price objective for the company in a report on Thursday, April 3rd. Desjardins decreased their price objective on Pine Cliff Energy from C$1.00 to C$0.95 and set a "buy" rating for the company in a report on Thursday, May 8th.
Read Our Latest Analysis on Pine Cliff Energy
Pine Cliff Energy Company Profile
(
Get Free Report)
Pine Cliff Energy Ltd is a Canadian natural gas focused, exploration and production company. It is mainly engaged in the exploration, development, and production of natural gas, crude oil, and natural gas liquids. The company owns a Western Canadian Sedimentary Basin, Ghost Pine/Three Hills and Camrose/Viking areas of Central Alberta, several gas assets in Southeast Alberta and Southwest Saskatchewan, non-operated properties in the Sundance, Harmattan, and Garrington areas of Alberta and others.
Featured Stories
Before you consider Pine Cliff 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 Pine Cliff Energy wasn't on the list.
While Pine Cliff Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
