Canacol Energy (OTCMKTS:CNNEF) Hits New 52-Week High at $8.33

Canacol Energy Ltd (OTCMKTS:CNNEF – Get Rating) shares reached a new 52-week high on Friday . The company traded as high as $8.33 and last traded at $8.33, with a volume of 412 shares trading hands. The stock had previously closed at $1.64.

Canacol Energy Stock Performance

The business’s 50 day moving average is $1.51 and its two-hundred day moving average is $1.64.

Canacol Energy (OTCMKTS:CNNEF – Get Rating) last announced its quarterly earnings results on Thursday, November 10th. The company reported ($0.03) EPS for the quarter. The business had revenue of $79.16 million for the quarter.

Canacol Energy Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, January 16th. Investors of record on Thursday, December 29th were issued a dividend of $0.0383 per share. The ex-dividend date was Wednesday, December 28th. This represents a yield of 11.53%.

Canacol Energy Company Profile

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Canacol Energy Ltd., an oil and gas company, engages in the exploration, development, and production of natural gas in Colombia. As of December 31, 2021, it had a total proved developed producing reserves of 236 billion cubic feet (Bcf) conventional natural gas; a total proved plus probable reserves of 607 Bcf conventional natural gas; and a total proved reserves of 368 Bcf conventional natural gas.