Closing Bell: Pine Cliff Energy Ltd down on Wednesday (PNE)

Pine Cliff Energy Ltd opened trading today at $0.94 and closed at $0.89. It traded at a low of $0.89 to a high of $0.94.

Shares eased -4.30 percent from the previous day's close of $0.93.

Today across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

Pine Cliff Energy Ltd has listed on the Toronto Stock Exchange (TSX) under the ticker PNE.

Trading volume was 277,567 on 130 total trades. On average, Pine Cliff Energy Ltd has traded 202,919 shares over the last 5-days and 297,359 year-to-date.

The TSX market on the whole today saw 1,249 price advancers against 3,959 declines and 110 unchanged.

During the prior 52 weeks, PNE.TO has traded as high as $1.68 (November 02,2023) and low as $0.89 (July 24,2024). Moreover, the shares have shrunken -42.21 percent in the last year, while in 2024, they have reduced -34.07%.

It announced a 0.01 dividend on July 03/24, with an July 15/24 ex-date and July 31/24 pay day.

Following today's trading, Pine Cliff Energy Ltd has a market capitalization of $331.93 million on a float of 356,913 shares outstanding. Its annual EPS is $0.01.

Pine Cliff Energy Ltd is a None company headquartered in Calgary, CAN.

Currently, Pine Cliff Energy Ltd has an average recommendation of "Moderate Buy" based on 3.00 analysts according to Zacks. Currently, there are 2 buy ratings and 1 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..