Robert Brent Fryk Sells 29,500 Shares of Pine Cliff Energy Ltd. (TSE:PNE) Stock

Pine Cliff Energy Ltd. (TSE:PNE) Director Robert Brent Fryk sold 29,500 shares of the stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of C$0.81, for a total value of C$23,895.00.

Pine Cliff Energy Price Performance

TSE:PNE opened at C$0.92 on Friday. Pine Cliff Energy Ltd. has a 12-month low of C$0.79 and a 12-month high of C$1.48. The firm has a market cap of C$329.27 million, a price-to-earnings ratio of -90.00 and a beta of 0.37. The company’s 50-day moving average is C$0.94 and its two-hundred day moving average is C$0.97. The company has a current ratio of 0.50, a quick ratio of 1.48 and a debt-to-equity ratio of 81.31.

Pine Cliff Energy Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 29th will be paid a dividend of $0.005 per share. This represents a $0.06 annualized dividend and a dividend yield of 6.52%. The ex-dividend date of this dividend is Friday, November 15th. Pine Cliff Energy’s payout ratio is -600.00%.

Pine Cliff Energy Company Profile

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.