What is Cormark’s Forecast for Logan Energy FY2025 Earnings?

Logan Energy Corp. (CVE:LGN) – Stock analysts at Cormark issued their FY2025 earnings estimates for shares of Logan Energy in a note issued to investors on Thursday, March 20th. Cormark analyst K. Baim anticipates that the company will post earnings of $0.08 per share for the year. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Logan Energy’s current full-year earnings is $0.01 per share.

Separately, Scotiabank cut their price objective on Logan Energy from C$1.85 to C$1.75 in a research report on Friday, January 17th. Three analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of C$1.50.

Logan Energy Stock Performance

Shares of CVE:LGN opened at C$0.69 on Monday. The stock has a market capitalization of C$398.76 million and a price-to-earnings ratio of 19.96. Logan Energy has a 1-year low of C$0.58 and a 1-year high of C$0.97. The company has a 50 day moving average price of C$0.67 and a 200 day moving average price of C$0.73.

About Logan Energy

Logan Energy Corp. engages in the exploration, development and production of crude oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in northeastern British Columbia. Logan Energy Corp. was incorporated in 2023 and is headquartered in Calgary, Canada.