Coelacanth Energy Inc. (CVE:CEI – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.68 and last traded at C$0.68, with a volume of 23493 shares trading hands. The stock had previously closed at C$0.69.
Coelacanth Energy Stock Performance
The business has a 50-day simple moving average of C$0.77 and a two-hundred day simple moving average of C$0.82. The stock has a market cap of C$431.02 million, a price-to-earnings ratio of -43.00 and a beta of 0.10.
Coelacanth Energy Company Profile
Coelacanth Energy Inc, an oil and natural gas company, engages in the acquisition, development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada. The company owns approximately 150 net sections of Montney acreage located in the Two Rivers area of northeastern British Columbia. Coelacanth Energy Inc was incorporated in 2022 and is headquartered in Calgary, Canada.
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