Coelacanth Energy Inc. (CVE:CEI – Free Report) – Equities researchers at Cormark issued their FY2024 EPS estimates for Coelacanth Energy in a research note issued to investors on Tuesday, March 4th. Cormark analyst K. Baim forecasts that the company will earn ($0.02) per share for the year. Cormark currently has a “Moderate Buy” rating on the stock. Cormark also issued estimates for Coelacanth Energy’s FY2025 earnings at $0.02 EPS and FY2026 earnings at $0.08 EPS.
Separately, Atb Cap Markets raised shares of Coelacanth Energy to a “strong-buy” rating in a report on Thursday, February 6th.
Coelacanth Energy Price Performance
CEI stock opened at C$0.84 on Thursday. The company has a market capitalization of C$445.76 million, a PE ratio of -66.04 and a beta of 0.98. The company’s 50-day moving average price is C$0.85. Coelacanth Energy has a 52-week low of C$0.69 and a 52-week high of C$0.98.
About Coelacanth Energy
Coelacanth Energy Inc, an oil and natural gas company, engages in the acquisition, development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada. The company owns approximately 150 net sections of Montney acreage located in the Two Rivers area of northeastern British Columbia.
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