Kolibri Global Energy (TSE:KEI) Stock Price Up 1.1% – Here’s Why

Kolibri Global Energy Inc. (TSE:KEI – Get Free Report)’s share price was up 1.1% during trading on Tuesday. The company traded as high as C$9.41 and last traded at C$9.31. Approximately 26,746 shares were traded during mid-day trading, a decline of 6% from the average daily volume of 28,554 shares. The stock had previously closed at C$9.21.

Kolibri Global Energy Stock Up 3.0%

The company’s 50-day moving average is C$8.67 and its two-hundred day moving average is C$7.80. The company has a market capitalization of C$337.44 million, a P/E ratio of 17.39 and a beta of -1.20.

Kolibri Global Energy (TSE:KEI – Get Free Report) last released its earnings results on Thursday, August 13th. The company reported C$0.33 earnings per share for the quarter. Kolibri Global Energy had a return on equity of 9.33% and a net margin of 26.85%. The company had revenue of C$32.03 million during the quarter.

About Kolibri Global Energy

(Get Free Report)

Kolibri Global Energy Inc is a North American energy company focused on finding and exploiting energy projects in oil and gas. Through various subsidiaries, the Company owns and operates energy properties in the United States. The Company continues to utilize its technical and operational expertise to identify and acquire additional projects in oil and gas.

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