Pine Cliff Energy Ltd. (TSE:PNE) Director Robert Brent Fryk Acquires 68,500 Shares of Stock

Pine Cliff Energy Ltd. (TSE:PNE) Director Robert Brent Fryk purchased 68,500 shares of the business’s stock in a transaction dated Tuesday, December 24th. The shares were acquired at an average price of C$0.80 per share, with a total value of C$54,731.50.

Robert Brent Fryk also recently made the following trade(s):

• On Wednesday, November 20th, Robert Brent Fryk sold 29,500 shares of Pine Cliff Energy stock. The stock was sold at an average price of C$0.81, for a total transaction of C$23,895.00.

Pine Cliff Energy Stock Performance

TSE PNE opened at C$0.91 on Friday. The company’s fifty day moving average is C$0.87 and its two-hundred day moving average is C$0.94. Pine Cliff Energy Ltd. has a 52-week low of C$0.75 and a 52-week high of C$1.48. The company has a debt-to-equity ratio of 81.31, a current ratio of 0.50 and a quick ratio of 1.48. The firm has a market capitalization of C$325.69 million, a price-to-earnings ratio of -91.00 and a beta of 0.37.

Pine Cliff Energy Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st will be paid a dividend of $0.005 per share. The ex-dividend date is Monday, December 16th. This represents a $0.06 annualized dividend and a yield of 6.59%. Pine Cliff Energy’s dividend 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.