Pine Cliff Energy (TSE:PNE) Hits New 1-Year Low – Time to Sell?
by Scott Moore · The Cerbat GemPine Cliff Energy Ltd. (TSE:PNE – Get Free Report)’s share price hit a new 52-week low on Thursday . The company traded as low as C$0.57 and last traded at C$0.58, with a volume of 72921 shares. The stock had previously closed at C$0.58.
Pine Cliff Energy Stock Performance
The firm has a market cap of C$208.10 million, a P/E ratio of -29.00 and a beta of 0.03. The company has a debt-to-equity ratio of 129.72, a quick ratio of 1.48 and a current ratio of 0.56. The firm has a fifty day moving average of C$0.61 and a 200-day moving average of C$0.70.
Pine Cliff Energy Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th will be paid a $0.0013 dividend. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Monday, June 15th. Pine Cliff Energy’s dividend payout ratio (DPR) is presently -75.00%.
Pine Cliff Energy Company Profile
Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value.