Kolibri Global Energy (TSE:KEI) Hits New 12-Month High – Here’s Why

Shares of Kolibri Global Energy Inc. (TSE:KEIGet Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as C$9.16 and last traded at C$8.70, with a volume of 19600 shares trading hands. The stock had previously closed at C$8.89.

Kolibri Global Energy Stock Down 2.2%

The stock’s 50-day moving average is C$7.49 and its 200-day moving average is C$7.18. The firm has a market cap of C$311.71 million, a P/E ratio of 16.09 and a beta of -0.96.

Kolibri Global Energy (TSE:KEIGet Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported C$0.33 earnings per share for the quarter. Kolibri Global Energy had a net margin of 26.85% and a return on equity of 9.33%. The firm had revenue of C$32.03 million for the quarter.

About Kolibri Global Energy

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Kolibri Global Energy Inc is a North American energy company focused on finding and exploiting energy projects in oil and gas. Through various subsidiaries, the Company owns and operates energy properties in the United States. The Company continues to utilize its technical and operational expertise to identify and acquire additional projects in oil and gas.

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