Pine Cliff Energy (TSE:PNE) Hits New 12-Month Low – Time to Sell?

Pine Cliff Energy Ltd. (TSE:PNEGet Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as C$0.55 and last traded at C$0.55, with a volume of 42008 shares trading hands. The stock had previously closed at C$0.56.

Pine Cliff Energy Trading Down 1.8%

The company has a quick ratio of 1.48, a current ratio of 0.56 and a debt-to-equity ratio of 129.72. The business’s fifty day moving average is C$0.59 and its 200 day moving average is C$0.66. The stock has a market cap of C$197.34 million, a PE ratio of -27.50 and a beta of 0.02.

Pine Cliff Energy Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 31st will be paid a dividend of $0.0013 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 2.8%. Pine Cliff Energy’s payout ratio is -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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