Pine Cliff Energy Ltd. (TSE:PNE) Announces $0.01 Monthly Dividend

Pine Cliff Energy Ltd. (TSE:PNE) declared a monthly dividend on Monday, December 16th,TickerTech Dividends reports. Investors of record on Tuesday, December 31st will be paid a dividend of 0.005 per share on Tuesday, December 31st. This represents a $0.06 annualized dividend and a yield of 6.98%. The ex-dividend date is Monday, December 16th.

Pine Cliff Energy Price Performance

TSE PNE remained flat at C$0.86 during trading hours on Friday. The company’s stock had a trading volume of 64,810 shares, compared to its average volume of 241,381. The company has a debt-to-equity ratio of 81.31, a quick ratio of 1.48 and a current ratio of 0.50. The firm has a 50-day moving average price of C$0.90 and a 200 day moving average price of C$0.95. Pine Cliff Energy has a twelve month low of C$0.79 and a twelve month high of C$1.48. The firm has a market cap of C$307.79 million, a P/E ratio of -86.00 and a beta of 0.37.

About Pine Cliff Energy

Pine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of natural gas and crude oil in the Western Canadian Sedimentary Basin. The company primarily holds interest in oil and gas properties in the Viking and Ghost Pine area of Central Alberta, as well as in the Southern Alberta, Southern Saskatchewan, and Edson areas.