Pine Cliff Energy Ltd (TSE:PNE) Senior Officer Terry Lee Mcneill Sells 20,000 Shares of Stock

Pine Cliff Energy Ltd (TSE:PNE) Senior Officer Terry Lee Mcneill sold 20,000 shares of the stock in a transaction that occurred on Wednesday, January 12th. The shares were sold at an average price of C$0.71, for a total transaction of C$14,200.00. Following the transaction, the insider now directly owns 337,572 shares of the company’s stock, valued at C$239,676.12.

Pine Cliff Energy stock opened at C$0.71 on Friday. Pine Cliff Energy Ltd has a twelve month low of C$0.24 and a twelve month high of C$0.90. The firm has a 50 day moving average price of C$0.68 and a 200-day moving average price of C$0.58. The company has a market capitalization of C$240.44 million and a P/E ratio of -78.89. The company has a quick ratio of 0.87, a current ratio of 0.94 and a debt-to-equity ratio of 612.28.

Pine Cliff Energy (TSE:PNE) last released its quarterly earnings data on Thursday, November 4th. The company reported C$0.01 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of C$0.01. The business had revenue of C$36.75 million during the quarter. Equities analysts expect that Pine Cliff Energy Ltd will post -0.0389041 EPS for the current fiscal year.

Separately, Haywood Securities increased their target price on shares of Pine Cliff Energy from C$0.60 to C$1.00 and gave the company a “na” rating in a research report on Friday, October 1st.

About Pine Cliff Energy

Pine Cliff Energy Ltd. engages in the acquisition, exploration, development, and production of natural gas, crude oil, and natural gas liquids in the Western Canadian Sedimentary Basin. The company primarily holds interests in natural gas assets in the Southern and Edson areas; and oil and natural gas assets in the Viking Kinsella and Ghost Pine area of Central Alberta.

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