Pine Cliff Energy Ltd. Declares Monthly Dividend of $0.01 (TSE:PNE)

Pine Cliff Energy Ltd. (TSE:PNE) declared a monthly dividend on Friday, November 15th,Zacks Dividends reports. Investors of record on Friday, November 29th will be paid a dividend of 0.005 per share on Friday, November 29th. This represents a $0.06 annualized dividend and a dividend yield of 7.23%. The ex-dividend date of this dividend is Friday, November 15th.

Pine Cliff Energy Stock Down 1.2 %

PNE traded down C$0.01 on Thursday, hitting C$0.83. The company had a trading volume of 23,200 shares, compared to its average volume of 245,012. The stock has a fifty day simple moving average of C$0.94 and a 200-day simple moving average of C$0.97. The company has a debt-to-equity ratio of 81.31, a current ratio of 0.50 and a quick ratio of 1.48. The firm has a market capitalization of C$297.06 million, a P/E ratio of -84.00 and a beta of 0.37. Pine Cliff Energy has a 52-week low of C$0.82 and a 52-week high of C$1.55.

Pine Cliff Energy Company Profile

Pine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of natural gas and crude oil in the Western Canadian Sedimentary Basin. The company primarily holds interest in oil and gas properties in the Viking and Ghost Pine area of Central Alberta, as well as in the Southern Alberta, Southern Saskatchewan, and Edson areas.