Logan Energy Corp. (CVE:LGN - Free Report) - Cormark lowered their FY2025 EPS estimates for shares of Logan Energy in a report issued on Friday, May 16th. Cormark analyst K. Baim now anticipates that the company will post earnings per share of $0.06 for the year, down from their previous forecast of $0.08. Cormark currently has a "Moderate Buy" rating on the stock. The consensus estimate for Logan Energy's current full-year earnings is $0.01 per share. Cormark also issued estimates for Logan Energy's FY2026 earnings at $0.11 EPS.
Logan Energy Price Performance
CVE LGN remained flat at C$0.64 during mid-day trading on Monday. 192,261 shares of the company were exchanged, compared to its average volume of 262,210. The firm has a market capitalization of C$369.87 million and a PE ratio of 18.51. Logan Energy has a 1 year low of C$0.49 and a 1 year high of C$0.97. The firm's fifty day simple moving average is C$0.61 and its two-hundred day simple moving average is C$0.68.
Insiders Place Their Bets
In related news, Senior Officer Brendan Archibald Paton bought 50,000 shares of the firm's stock in a transaction that occurred on Monday, April 7th. The shares were acquired at an average cost of C$0.52 per share, with a total value of C$26,000.00. Corporate insiders own 22.85% of the company's stock.
Logan Energy Company Profile
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Logan Energy Corp. engages in the exploration, development and production of crude oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in northeastern British Columbia. Logan Energy Corp. was incorporated in 2023 and is headquartered in Calgary, Canada.
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