Cequence Energy (CQE) Sets New 12-Month Low at $0.05
Cequence Energy (TSE:CQE) hit a new 52-week low during trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 124200 shares. The stock had previously closed at C$0.05.
Cequence Energy (TSE:CQE) last announced its quarterly earnings data on Tuesday, March 13th. The company reported C($0.03) EPS for the quarter, missing the Zacks’ consensus estimate of C($0.01) by C($0.02). Cequence Energy had a negative return on equity of 7.69% and a negative net margin of 25.96%. The business had revenue of C$13.59 million for the quarter, compared to analyst estimates of C$15.40 million.
About Cequence Energy
Cequence Energy Ltd. engages in the acquisition, exploration, development, and production of petroleum and natural gas reserves in Western Canada. Its principal property is the Simonette asset located in the Alberta Deep Basin. The company was formerly known as Sabretooth Energy Ltd. and changed its name to Cequence Energy Ltd.
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