Pine Cliff Energy (TSE:PNE) Sets New 1-Year Low – Here’s What Happened

Pine Cliff Energy Ltd. (TSE:PNEGet Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.54 and last traded at C$0.54, with a volume of 210315 shares changing hands. The stock had previously closed at C$0.55.

Pine Cliff Energy Stock Performance

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 company has a market capitalization of C$186.57 million, a PE ratio of -26.00 and a beta of -0.00. The company has a 50 day moving average price of C$0.58 and a 200 day moving average price of C$0.64.

Pine Cliff Energy Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 31st. Investors of record on Friday, July 31st were issued a $0.0013 dividend. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Wednesday, July 15th. Pine Cliff Energy’s payout ratio is currently -75.00%.

About Pine Cliff Energy

(Get Free Report)

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

Further Reading

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