Kolibri Global Energy (TSE:KEI) Shares Up 5% – Should You Buy?

Kolibri Global Energy Inc. (TSE:KEI) shares shot up 5% on Monday . The company traded as high as C$7.93 and last traded at C$7.31. 40,032 shares were traded during trading, an increase of 35% from the average session volume of 29,646 shares. The stock had previously closed at C$6.96.

Kolibri Global Energy Stock Up 5.0%

The company has a market cap of C$259.31 million, a price-to-earnings ratio of 17.00 and a beta of -0.97. The stock has a fifty day moving average price of C$6.30 and a two-hundred day moving average price of C$6.03.

Kolibri Global Energy (TSE:KEI) last posted its earnings results on Thursday, March 19th. The company reported C$0.12 earnings per share for the quarter. Kolibri Global Energy had a return on equity of 7.78% and a net margin of 23.90%.The company had revenue of C$20.23 million during the quarter.

Kolibri Global Energy Company Profile

Kolibri Global Energy Inc is an exploration company. It is focused on the acquisition, exploration, and production of oil and gas reserves. The company owns and operates shale oil and gas properties in the United States. Its segments include the United States, Canada, and Other. The company derives a majority of its revenue from the United States.