Canacol Energy Ltd (TSE:CNE – Get Free Report)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as C$3.78 and last traded at C$3.92, with a volume of 51484 shares traded. The stock had previously closed at C$3.94.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group lifted their price target on Canacol Energy from C$5.40 to C$5.50 and gave the company a “hold” rating in a report on Tuesday, July 16th.
Check Out Our Latest Stock Report on CNE
Canacol Energy Stock Performance
Canacol Energy Company Profile
Canacol Energy Ltd operates as an oil and gas company in Colombia. It engages in the exploration and development of natural gas. The company was formerly known as BrazAlta Resources Corp. and changed its name to Canacol Energy Ltd in February 2009. The company was incorporated in 1970 and is headquartered in Calgary, Canada.
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