Robert Brent Fryk Sells 29,500 Shares of Pine Cliff Energy Ltd. (TSE:PNE) Stock

Pine Cliff Energy Ltd. (TSE:PNE) Director Robert Brent Fryk sold 29,500 shares of the firm’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of C$0.81, for a total value of C$23,895.00.

Pine Cliff Energy Price Performance

Pine Cliff Energy stock opened at C$0.92 on Friday. The firm has a market capitalization of C$329.27 million, a PE ratio of -90.00 and a beta of 0.37. Pine Cliff Energy Ltd. has a 52 week low of C$0.79 and a 52 week high of C$1.48. The firm’s 50-day simple moving average is C$0.94 and its 200 day simple moving average is C$0.97. The company has a quick ratio of 1.48, a current ratio of 0.50 and a debt-to-equity ratio of 81.31.

Pine Cliff Energy Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 29th will be given a $0.005 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.06 annualized dividend and a dividend yield of 6.52%. Pine Cliff Energy’s dividend payout ratio is presently -600.00%.

About Pine Cliff Energy

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.