Pine Cliff Energy Ltd. (PNE) to Issue Monthly Dividend of $0.01 on January 15th

Pine Cliff Energy Ltd. (TSE:PNE) announced a monthly dividend on Wednesday, January 15th,TickerTech Dividends reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.005 per share on Wednesday, January 15th. This represents a $0.06 annualized dividend and a yield of 6.38%. The ex-dividend date is Wednesday, January 15th.

Pine Cliff Energy Stock Performance

Shares of Pine Cliff Energy stock traded up C$0.01 during trading hours on Monday, hitting C$0.94. 54,504 shares of the company were exchanged, compared to its average volume of 284,044. Pine Cliff Energy has a 1 year low of C$0.75 and a 1 year high of C$1.48. The company has a current ratio of 0.50, a quick ratio of 1.48 and a debt-to-equity ratio of 81.31. The business has a 50-day moving average of C$0.87 and a 200-day moving average of C$0.93. The stock has a market capitalization of C$336.43 million, a price-to-earnings ratio of -94.00 and a beta of 0.37.

Insider Buying and Selling at Pine Cliff Energy

In other Pine Cliff Energy news, Director Robert Brent Fryk bought 68,500 shares of Pine Cliff Energy stock in a transaction that occurred on Tuesday, December 24th. The shares were purchased at an average cost of C$0.80 per share, for a total transaction of C$54,731.50. Over the last 90 days, insiders have bought 103,500 shares of company stock valued at $83,967. 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.