Pine Cliff Energy Ltd. (TSE:PNE) to Issue Monthly Dividend of $0.00

Pine Cliff Energy Ltd. (TSE:PNE) announced a monthly dividend on Friday, February 13th, TickerTech Dividends reports. Investors of record on Friday, February 27th will be paid a dividend of 0.0013 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, February 13th.

Pine Cliff Energy Price Performance

PNE traded down C$0.01 during midday trading on Friday, hitting C$0.71. 264,274 shares of the company traded hands, compared to its average volume of 278,590. The business has a 50 day simple moving average of C$0.80 and a two-hundred day simple moving average of C$0.73. Pine Cliff Energy has a 52-week low of C$0.51 and a 52-week high of C$0.91. The company has a market capitalization of C$254.74 million, a price-to-earnings ratio of -11.83 and a beta of 0.13. The company has a current ratio of 0.47, a quick ratio of 1.48 and a debt-to-equity ratio of 76.74.

Pine Cliff Energy (TSE:PNE) last released its quarterly earnings results on Wednesday, November 5th. The company reported C($0.02) earnings per share for the quarter. The company had revenue of C$37.61 million for the quarter. Pine Cliff Energy had a negative return on equity of 18.45% and a negative net margin of 8.28%. On average, equities analysts forecast that Pine Cliff Energy will post 0.0099907 earnings per share for the current fiscal year.

About Pine Cliff Energy

Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value.