Canacol Energy (OTCMKTS:CNNEF) Posts Quarterly Earnings Results

Canacol Energy (OTCMKTS:CNNEF) released its quarterly earnings data on Thursday. The company reported ($0.75) earnings per share for the quarter, Zacks reports.

Canacol Energy Stock Performance

Shares of CNNEF traded down $0.06 during mid-day trading on Thursday, reaching $2.81. The stock had a trading volume of 25,435 shares, compared to its average volume of 4,246. The firm has a market cap of $95.88 million, a price-to-earnings ratio of 4.19 and a beta of 0.99. Canacol Energy has a 12 month low of $1.99 and a 12 month high of $4.55. The business has a fifty day moving average of $2.63 and a 200 day moving average of $2.55.

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.