Canlan Ice Sports (TSE:ICE) Stock Price Up 0.5% – Still a Buy?

Shares of Canlan Ice Sports Corp. (TSE:ICEGet Free Report) shot up 0.5% during mid-day trading on Tuesday . The stock traded as high as C$3.92 and last traded at C$3.92. 100 shares were traded during trading, a decline of 75% from the average session volume of 398 shares. The stock had previously closed at C$3.90.

Canlan Ice Sports Price Performance

The company has a current ratio of 0.81, a quick ratio of 0.56 and a debt-to-equity ratio of 110.25. The stock has a 50-day moving average price of C$3.97 and a 200 day moving average price of C$4.00. The stock has a market capitalization of C$52.28 million, a price-to-earnings ratio of 108.92 and a beta of 1.00.

Canlan Ice Sports Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 15th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 3.06%. The ex-dividend date of this dividend was Tuesday, December 31st. Canlan Ice Sports’s payout ratio is currently 333.43%.

About Canlan Ice Sports

(Get Free Report)

Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America.

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