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

Pine Cliff Energy Ltd. (TSE:PNEGet Free Report) reached a new 52-week low during trading on Thursday . The stock traded as low as C$0.57 and last traded at C$0.58, with a volume of 72921 shares traded. The stock had previously closed at C$0.58.

Pine Cliff Energy Price Performance

The company has a market cap of C$208.10 million, a PE ratio of -29.00 and a beta of 0.03. 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’s 50-day moving average is C$0.61 and its 200 day moving average is C$0.70.

Pine Cliff Energy Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th will be given a $0.0013 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. Pine Cliff Energy’s dividend payout ratio (DPR) is presently -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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