Chinook Energy Inc. (TSE:CKE) shares reached a new 52-week low on Tuesday . The company traded as low as C$0.10 and last traded at C$0.11, with a volume of 24000 shares. The stock had previously closed at C$0.10.
Separately, Raymond James reissued an “underperform” rating and set a C$0.10 price objective on shares of Chinook Energy in a report on Monday, May 13th.
The company has a current ratio of 0.47, a quick ratio of 0.31 and a debt-to-equity ratio of 5.78. The company has a market capitalization of $24.60 million and a price-to-earnings ratio of -0.80. The company’s fifty day moving average price is C$0.12.
Chinook Energy Company Profile (TSE:CKE)
Chinook Energy Inc, an upstream oil and natural gas company, engages in the exploration, development, and production of natural gas, natural gas liquids, and crude oil in Canada. The company primarily holds interests in the Birley/Umbach area, which include 64 net drilling space units of land located in northeast British Columbia.
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