Coelacanth Energy (CVE:CEI) Stock Price Up 1.2% – Still a Buy?

Coelacanth Energy Inc. (CVE:CEIGet Free Report) rose 1.2% on Thursday . The company traded as high as C$0.85 and last traded at C$0.84. Approximately 141,649 shares were traded during mid-day trading, an increase of 4% from the average daily volume of 136,586 shares. The stock had previously closed at C$0.83.

Coelacanth Energy Stock Up 1.2%

The business’s 50 day moving average price is C$0.82 and its 200-day moving average price is C$0.82. The company has a market cap of C$449.67 million, a PE ratio of -28.00 and a beta of 0.34.

Coelacanth Energy Company Profile

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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. Coelacanth Energy Inc was incorporated in 2022 and is headquartered in Calgary, Canada.

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