Canacol Energy (OTCMKTS:CNNEF) Issues Earnings Results

Canacol Energy (OTCMKTS:CNNEF) released its earnings results on Thursday. The company reported ($0.75) earnings per share for the quarter, Zacks reports.

Canacol Energy Stock Performance

OTCMKTS CNNEF traded down $0.06 on Thursday, hitting $2.81. The stock had a trading volume of 25,435 shares, compared to its average volume of 4,246. The firm has a 50-day moving average of $2.63 and a 200-day moving average of $2.55. The company has a market capitalization of $95.88 million, a price-to-earnings ratio of 4.19 and a beta of 0.99. Canacol Energy has a 52-week low of $1.99 and a 52-week high of $4.55.

Canacol Energy Company Profile

Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada.