Canacol Energy Ltd Plans Dividend of $0.05 (TSE:CNE)
Canacol Energy Ltd (TSE:CNE) declared a dividend on Friday, December 13th, TickerTech reports. Shareholders of record on Monday, December 30th will be paid a dividend of 0.052 per share by the oil and gas exploration company on Monday, December 30th. This represents a yield of 1.15%. The ex-dividend date is Friday, December 13th.
CNE stock traded up C$0.04 during mid-day trading on Thursday, reaching C$4.52. The company had a trading volume of 388,316 shares, compared to its average volume of 229,430. The company has a debt-to-equity ratio of 165.64, a current ratio of 1.50 and a quick ratio of 1.45. The company has a market capitalization of $810.50 million and a PE ratio of -107.62. The firm has a 50 day moving average of C$4.61 and a 200 day moving average of C$4.52. Canacol Energy has a 12 month low of C$3.73 and a 12 month high of C$5.05.
Separately, UBS Group dropped their target price on shares of Canacol Energy from C$7.50 to C$7.00 in a research note on Monday, December 2nd.
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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