Freehold Royalties (FRU) to Release Earnings on Wednesday
Freehold Royalties (TSE:FRU) is scheduled to be posting its quarterly earnings results on Wednesday, November 13th. Analysts expect Freehold Royalties to post earnings of C$0.03 per share for the quarter.
TSE FRU traded down C$0.02 during trading hours on Tuesday, hitting C$6.68. The company had a trading volume of 11,219 shares, compared to its average volume of 315,816. Freehold Royalties has a fifty-two week low of C$6.34 and a fifty-two week high of C$9.88. The company has a quick ratio of 2.08, a current ratio of 2.08 and a debt-to-equity ratio of 15.10. The business has a fifty day simple moving average of C$6.99 and a 200-day simple moving average of C$7.86. The firm has a market cap of $794.04 million and a P/E ratio of 1,336.00.
The business also recently announced a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 15th will be given a $0.0525 dividend. This represents a $0.63 annualized dividend and a yield of 9.43%. The ex-dividend date of this dividend is Wednesday, October 30th. Freehold Royalties’s dividend payout ratio is presently 12,600.00%.
Freehold Royalties Company Profile
Freehold Royalties Ltd., an oil and gas royalty company, owns working interests in oil, natural gas, and potash properties in Western Canada. It holds approximately 6.2 million gross acres of land from northeastern British Columbia to southern Ontario. It has interests in approximately 43,000 wells and receives royalty from 300 industry operators.
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