Pine Cliff Energy (TSE:PNE) Sets New 12-Month Low – Here’s What Happened

Pine Cliff Energy Ltd. (TSE:PNEGet Free Report) hit a new 52-week low on Thursday . The stock 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 company has a debt-to-equity ratio of 129.72, a current ratio of 0.56 and a quick ratio of 1.48. The stock has a market cap of C$208.10 million, a price-to-earnings ratio of -29.00 and a beta of 0.03. The company’s fifty day moving average price is C$0.61 and its 200-day moving average price is C$0.70.

Pine Cliff Energy Dividend Announcement

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 given a dividend of $0.0013 per share. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Monday, June 15th. Pine Cliff Energy’s payout ratio is currently -75.00%.

Pine Cliff Energy Company Profile

(Get Free Report)

Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value.

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