Lycos Energy Inc. (CVE:LCX – Get Free Report)’s stock price traded down 0.3% during trading on Friday . The company traded as low as C$2.79 and last traded at C$2.92. 3,100 shares were traded during trading, a decline of 94% from the average session volume of 48,594 shares. The stock had previously closed at C$2.93.
Analyst Ratings Changes
Separately, National Bankshares cut their price target on shares of Lycos Energy from C$9.00 to C$7.50 in a report on Friday, September 27th.
Read Our Latest Report on Lycos Energy
Lycos Energy Trading Down 0.3 %
Lycos Energy (CVE:LCX – Get Free Report) last posted its quarterly earnings data on Thursday, August 22nd. The company reported C$0.19 earnings per share for the quarter, beating the consensus estimate of C$0.12 by C$0.07. The business had revenue of C$39.72 million for the quarter, compared to analysts’ expectations of C$40.50 million. Lycos Energy had a return on equity of 7.16% and a net margin of 9.90%. As a group, research analysts predict that Lycos Energy Inc. will post 0.5 earnings per share for the current fiscal year.
About Lycos Energy
Lycos Energy Inc, a junior resource company, engages in the development and production of petroleum and natural gas in Western Canada. The company operates heavy-oil development assets in the Gull Lake area of southwest Saskatchewan and heavy-oil assets in the Lloydminster area. Lycos Energy Inc is headquartered in Calgary, Canada.
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