Kolibri Global Energy (TSE:KEI) Trading 0.4% Higher

Kolibri Global Energy Inc. (TSE:KEI) was up 0.4% on Wednesday . The stock traded as high as C$4.83 and last traded at C$4.79. Approximately 17,685 shares traded hands during mid-day trading, an increase of 39% from the average daily volume of 12,725 shares. The stock had previously closed at C$4.77.

Kolibri Global Energy Stock Performance

The business has a 50 day simple moving average of C$4.51 and a 200-day simple moving average of C$4.60. The firm has a market cap of C$161.76 million, a price-to-earnings ratio of 8.25 and a beta of 2.48.

Kolibri Global Energy (TSE:KEI) last posted its earnings results on Monday, May 13th. The company reported C$0.12 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.15 by C($0.03). Kolibri Global Energy had a net margin of 29.11% and a return on equity of 8.87%. The company had revenue of C$19.26 million during the quarter, compared to the consensus estimate of C$19.45 million. As a group, research analysts anticipate that Kolibri Global Energy Inc. will post 0.9578059 earnings per share for the current year.

Kolibri Global Energy Company Profile

Kolibri Global Energy Inc engages in the finding and exploiting oil, gas, and clean and sustainable energy in the United States. It sells crude oil, natural gas, and natural gas liquids. The company was formerly known as BNK Petroleum Inc and changed its name to Kolibri Global Energy Inc in November 2020.