Coelacanth Energy (CVE:CEI) Trading 1.2% Higher – Here’s What Happened

Coelacanth Energy Inc. (CVE:CEIGet Free Report)’s share price rose 1.2% on Thursday . The stock traded as high as C$0.85 and last traded at C$0.84. Approximately 141,649 shares changed hands during trading, an increase of 4% from the average daily volume of 136,586 shares. The stock had previously closed at C$0.83.

Coelacanth Energy Stock Down 1.2%

The business has a fifty day moving average of C$0.82 and a 200 day moving average of C$0.82. The company has a market cap of C$444.31 million, a P/E ratio of -27.67 and a beta of 0.34.

About Coelacanth Energy

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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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