What is Cormark’s Forecast for Logan Energy FY2025 Earnings?

Logan Energy Corp. (CVE:LGN) – Stock analysts at Cormark reduced their FY2025 EPS estimates for Logan Energy in a research note issued on Friday, May 16th. Cormark analyst K. Baim now anticipates that the company will post earnings per share of $0.06 for the year, down from their previous forecast of $0.08. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Logan Energy’s current full-year earnings is $0.01 per share. Cormark also issued estimates for Logan Energy’s FY2026 earnings at $0.11 EPS.

Logan Energy Stock Performance

Shares of CVE LGN opened at C$0.66 on Monday. Logan Energy has a 52-week low of C$0.49 and a 52-week high of C$0.97. The firm’s fifty day moving average is C$0.61 and its two-hundred day moving average is C$0.68. The company has a market cap of C$381.43 million and a P/E ratio of 19.09.

Insider Activity at Logan Energy

In other Logan Energy news, Senior Officer Brendan Archibald Paton bought 50,000 shares of Logan Energy stock in a transaction dated Monday, April 7th. The shares were purchased at an average cost of C$0.52 per share, for a total transaction of C$26,000.00. 22.85% of the stock is owned by corporate insiders.

Logan Energy Company Profile

Logan Energy Corp. engages in the exploration, development and production of crude oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in northeastern British Columbia. Logan Energy Corp. was incorporated in 2023 and is headquartered in Calgary, Canada.