Coelacanth Energy (CVE:CEI) PT Set at C$1.05 by Roth Capital

Roth Capital set a C$1.05 target price on Coelacanth Energy (CVE:CEI - Free Report) in a report issued on Monday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock. Roth Capital also issued estimates for Coelacanth Energy's Q2 2025 earnings at ($0.01) EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.00 EPS, FY2025 earnings at ($0.02) EPS, Q1 2026 earnings at $0.00 EPS, Q2 2026 earnings at $0.01 EPS, Q3 2026 earnings at $0.00 EPS, Q4 2026 earnings at $0.00 EPS and FY2026 earnings at ($0.02) EPS.

Coelacanth Energy Stock Performance

CVE:CEI traded up C$0.01 during midday trading on Monday, reaching C$0.84. 37,246 shares of the stock traded hands, compared to its average volume of 108,414. Coelacanth Energy has a 12-month low of C$0.69 and a 12-month high of C$0.98. The business has a 50-day moving average of C$0.85 and a two-hundred day moving average of C$0.84. The stock has a market capitalization of C$445.76 million, a PE ratio of -66.04 and a beta of 0.98.

Insider Activity at Coelacanth Energy

In other news, Director Robert John Zakresky sold 170,573 shares of the stock in a transaction on Wednesday, July 9th. The shares were sold at an average price of C$0.80, for a total value of C$136,458.40. Also, Senior Officer John Nandor Fur sold 59,700 shares of the stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of C$0.80, for a total transaction of C$47,760.00. In the last three months, insiders sold 379,524 shares of company stock worth $303,619. Corporate insiders own 31.60% of the company's stock.

Coelacanth Energy Company Profile

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.