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

Pine Cliff Energy Ltd. (TSE:PNE) declared a monthly dividend on Friday, February 14th,TickerTech Dividends reports. Stockholders of record on Friday, February 28th will be paid a dividend of 0.005 per share on Friday, February 28th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 6.67%. The ex-dividend date is Friday, February 14th.

Pine Cliff Energy Stock Up 2.3 %

TSE:PNE traded up C$0.02 during mid-day trading on Wednesday, reaching C$0.90. The company’s stock had a trading volume of 15,000 shares, compared to its average volume of 210,298. The company has a quick ratio of 1.48, a current ratio of 0.50 and a debt-to-equity ratio of 81.31. The firm has a market capitalization of C$322.11 million, a PE ratio of -90.00 and a beta of 0.37. The stock has a fifty day moving average of C$0.89 and a 200-day moving average of C$0.92. Pine Cliff Energy has a 1 year low of C$0.75 and a 1 year high of C$1.25.

Insider Buying and Selling at Pine Cliff Energy

In other Pine Cliff Energy news, Director Robert Brent Fryk purchased 68,500 shares of the business’s stock in a transaction on Tuesday, December 24th. The shares were bought at an average cost of C$0.80 per share, for a total transaction of C$54,731.50. Over the last quarter, insiders bought 103,500 shares of company stock valued at $83,967. Corporate insiders own 10.97% of the company’s stock.

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.