Cardinal Energy Ltd. (OTCMKTS:CRLFF – Get Free Report)’s stock price was up 2.1% on Monday . The stock traded as high as $3.90 and last traded at $3.84. Approximately 109,370 shares traded hands during trading, an increase of 26% from the average daily volume of 87,070 shares. The stock had previously closed at $3.76.
Cardinal Energy Price Performance
The stock’s 50-day simple moving average is $4.33 and its two-hundred day simple moving average is $4.51.
Cardinal Energy Cuts Dividend
The firm also recently declared a dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be paid a $0.0417 dividend. The ex-dividend date is Monday, March 31st. This represents a yield of 10.86%. Cardinal Energy’s payout ratio is presently 8.93%.
Cardinal Energy Company Profile
Cardinal Energy Ltd. engages in the acquisition, development, optimization, and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. Cardinal Energy Ltd. was incorporated in 2010 and is headquartered in Calgary, Canada.
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