Canacol Energy (OTCMKTS:CNNEF) Releases Quarterly Earnings Results

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

Canacol Energy Stock Down 2.1 %

OTCMKTS:CNNEF traded down $0.06 during mid-day trading on Thursday, hitting $2.81. 25,435 shares of the stock traded hands, compared to its average volume of 4,246. The business’s 50-day moving average price is $2.62 and its 200 day moving average price is $2.55. The company has a market cap of $95.88 million, a PE 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.

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.