Frontera Energy (TSE:FEC) Shares Up 0.3% – Should You Buy?

Frontera Energy Co. (TSE:FEC)’s stock price traded up 0.3% during mid-day trading on Tuesday . The company traded as high as C$9.48 and last traded at C$9.23. 38,932 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 64,121 shares. The stock had previously closed at C$9.20.

Frontera Energy Stock Up 0.3 %

The stock has a market cap of C$777.07 million, a P/E ratio of 5.34, a PEG ratio of 0.06 and a beta of 1.92. The company has a quick ratio of 0.72, a current ratio of 0.97 and a debt-to-equity ratio of 29.45. The business has a 50-day simple moving average of C$8.01 and a 200-day simple moving average of C$8.04.

Frontera Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Friday, January 3rd will be given a dividend of $0.063 per share. The ex-dividend date of this dividend is Friday, January 3rd. This represents a $0.25 annualized dividend and a dividend yield of 2.73%. Frontera Energy’s dividend payout ratio is presently 14.45%.

Frontera Energy Company Profile

Frontera Energy Corporation engages in the exploration, development, production, transportation, storage, and sale of crude oil and natural gas in South America. The company has a portfolio of assets, which consists of interests in 24 exploration and production blocks in Colombia, Ecuador, and Guyana; and in pipeline and port facilities in Colombia.