Canacol Energy Ltd (CNE) To Go Ex-Dividend on December 13th

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Canacol Energy Ltd (TSE:CNE) announced a dividend on Friday, December 13th, TickerTech reports. Shareholders of record on Monday, December 30th will be paid a dividend of 0.052 per share by the oil and gas exploration company on Monday, December 30th. This represents a yield of 1.15%. The ex-dividend date of this dividend is Friday, December 13th.

CNE stock traded up C$0.04 during mid-day trading on Thursday, hitting C$4.52. The company had a trading volume of 388,316 shares, compared to its average volume of 229,430. The company has a market capitalization of $810.50 million and a price-to-earnings ratio of -107.62. Canacol Energy has a 12-month low of C$3.73 and a 12-month high of C$5.05. The company has a quick ratio of 1.45, a current ratio of 1.50 and a debt-to-equity ratio of 165.64. The company has a 50-day moving average price of C$4.61 and a 200 day moving average price of C$4.52.

Separately, UBS Group decreased their price target on shares of Canacol Energy from C$7.50 to C$7.00 in a research note on Monday, December 2nd.

Canacol Energy Company Profile

Canacol Energy Ltd. primarily explores for, develops, and produces petroleum and natural gas in Colombia. As of December 31, 2018, it has a total proved plus probable reserves of 98,050 one thousand barrels of oil equivalent. The company is headquartered in Calgary, Canada.

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