Pine Cliff Energy (TSE:PNE) Reaches New 1-Year Low – Time to Sell?

Pine Cliff Energy Ltd. (TSE:PNEGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$0.52 and last traded at C$0.52, with a volume of 474372 shares trading hands. The stock had previously closed at C$0.52.

Pine Cliff Energy Price 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 firm has a market cap of C$186.57 million, a price-to-earnings ratio of -26.00 and a beta of -0.00. The firm 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 Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 31st will be issued a dividend of $0.0013 per share. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Friday, August 14th. 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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