Columbus Energy Resources PLC (CERP) Issues Earnings Results
Columbus Energy Resources PLC (LON:CERP) released its quarterly earnings data on Wednesday. The company reported GBX (0.40) (($0.01)) earnings per share for the quarter, Bloomberg Earnings reports. The company had revenue of £246 million for the quarter. Columbus Energy Resources PLC had a negative return on equity of 86.66% and a negative net margin of 380.87%.
Shares of Columbus Energy Resources PLC (LON:CERP) traded up 19.841% during trading on Friday, hitting GBX 3.775. The stock had a trading volume of 5,919,665 shares. The company’s market cap is GBX 20.35 million. The stock’s 50 day moving average is GBX 2.59 and its 200-day moving average is GBX 2.51. Columbus Energy Resources PLC has a 12-month low of GBX 1.63 and a 12-month high of GBX 4.18.
Separately, VSA Capital reissued a “buy” rating on shares of Columbus Energy Resources PLC in a research note on Monday, July 10th.
Columbus Energy Resources PLC Company Profile
Columbus Energy Resources plc, formerly LGO Energy plc, is an oil and gas exploration, development and production company. The Company has assets in Spain and Trinidad. The Company’s geographic segments include Spain, USA, Trinidad & Tobago, St. Lucia, Cyprus and UK. In Trinidad and Tobago, the Company, through various subsidiaries, holds interests in approximately three producing fields, such as Goudron, Icacos and Bonasse.
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