Canacol Energy (TSE:CNE) Trading Down 1%
Canacol Energy Ltd (TSE:CNE)’s share price traded down 1% during mid-day trading on Monday . The stock traded as low as C$4.09 and last traded at C$4.15. 30,317 shares were traded during trading, a decline of 87% from the average session volume of 235,125 shares. The stock had previously closed at C$4.19.
Separately, Eight Capital upped their price objective on shares of Canacol Energy from C$7.00 to C$7.50 in a report on Thursday, February 28th.
The company has a market capitalization of $743.21 million and a price-to-earnings ratio of -30.97. The stock has a fifty day moving average price of C$4.08. The company has a debt-to-equity ratio of 173.08, a quick ratio of 1.49 and a current ratio of 1.56.
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Canacol Energy Company Profile (TSE:CNE)
Canacol Energy Ltd. primarily explores for, develops, and produces petroleum and natural gas in Colombia. As of December 31, 2018, it has a total proved plus probable reserves of 98,050 one thousand barrels of oil equivalent. The company is headquartered in Calgary, Canada.
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