FY2025 EPS Estimates for CVE:CEI Lowered by Ventum Cap Mkts

Coelacanth Energy Inc. (CVE:CEI) – Stock analysts at Ventum Cap Mkts decreased their FY2025 earnings per share (EPS) estimates for shares of Coelacanth Energy in a note issued to investors on Tuesday, October 21st. Ventum Cap Mkts analyst A. Gill now anticipates that the company will post earnings per share of ($0.02) for the year, down from their prior estimate of ($0.01). Ventum Cap Mkts has a “Strong-Buy” rating on the stock.

Other equities analysts have also recently issued research reports about the stock. Ventum Financial set a C$1.15 price target on shares of Coelacanth Energy and gave the company a “buy” rating in a research report on Wednesday, August 6th. Roth Capital set a C$1.05 price target on shares of Coelacanth Energy and gave the company a “buy” rating in a research report on Monday, July 14th. Three analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Strong Buy” and a consensus price target of C$1.10.

Coelacanth Energy Price Performance

Shares of CEI opened at C$0.80 on Friday. The stock has a 50-day moving average of C$0.83 and a 200-day moving average of C$0.83. The company has a market cap of C$426.29 million, a PE ratio of -40.00 and a beta of 0.63. Coelacanth Energy has a one year low of C$0.69 and a one year high of C$0.98.

About Coelacanth Energy

Coelacanth Energy Inc, an oil and natural gas company, engages in the acquisition, development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada. The company owns approximately 150 net sections of Montney acreage located in the Two Rivers area of northeastern British Columbia.