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

Pine Cliff Energy Ltd. (TSE:PNEGet Free Report) shares hit a new 52-week low during mid-day 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 Stock Performance

The business has a 50 day simple moving average of C$0.58 and a 200 day simple moving average of C$0.64. 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 company has a market cap of C$186.57 million, a price-to-earnings ratio of -26.00 and a beta of -0.00.

Pine Cliff Energy Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 31st will be paid a $0.0013 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. Pine Cliff Energy’s payout ratio is currently -75.00%.

About Pine Cliff Energy

(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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