Kolibri Global Energy (TSE:KEI) Reaches New 1-Year High – Time to Buy?

Kolibri Global Energy Inc. (TSE:KEIGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$9.24 and last traded at C$9.16, with a volume of 53497 shares changing hands. The stock had previously closed at C$8.73.

Kolibri Global Energy Stock Performance

The stock has a market cap of C$328.93 million, a price-to-earnings ratio of 16.98 and a beta of -0.99. The business’s 50 day moving average is C$7.64 and its 200-day moving average is C$7.28.

Kolibri Global Energy (TSE:KEIGet Free Report) last released its earnings results on Thursday, August 13th. The company reported C$0.33 earnings per share for the quarter. Kolibri Global Energy had a net margin of 26.85% and a return on equity of 9.33%. The business had revenue of C$32.03 million for the quarter.

Kolibri Global Energy Company Profile

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Kolibri Global Energy Inc is a North American energy company focused on finding and exploiting energy projects in oil and gas. Through various subsidiaries, the Company owns and operates energy properties in the United States. The Company continues to utilize its technical and operational expertise to identify and acquire additional projects in oil and gas.

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