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

Posted by Amy Steele on Mar 12th, 2025

Pine Cliff Energy Ltd. (TSE:PNE – Get Free Report) declared a monthly dividend on Friday, March 14th, TickerTech Dividends reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.005 per share on Monday, March 31st. This represents a $0.06 dividend on an annualized basis and a yield of 7.89%. The ex-dividend date is Friday, March 14th.

Pine Cliff Energy Stock Performance

PNE traded down C$0.02 during midday trading on Wednesday, reaching C$0.76. The company had a trading volume of 20,938 shares, compared to its average volume of 177,834. Pine Cliff Energy has a 1 year low of C$0.75 and a 1 year high of C$1.14. The company has a quick ratio of 1.48, a current ratio of 0.47 and a debt-to-equity ratio of 76.74. The company has a market cap of C$275.26 million, a P/E ratio of -18.35 and a beta of 0.37. The business has a 50-day moving average of C$0.87 and a two-hundred day moving average of C$0.90.

Insider Buying and Selling at Pine Cliff Energy

In other Pine Cliff Energy news, Director Robert Brent Fryk purchased 68,500 shares of the firm’s stock in a transaction on Tuesday, December 24th. The shares were acquired at an average cost of C$0.80 per share, with a total value of C$54,731.50. Insiders have bought 88,500 shares of company stock valued at $70,432 over the last 90 days. 10.97% of the stock is currently owned by corporate insiders.

About Pine Cliff Energy

(Get Free Report)

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.