What is Cormark’s Estimate for Logan Energy FY2025 Earnings?

Logan Energy Corp. (CVE:LGN) – Equities research analysts at Cormark issued their FY2025 earnings per share estimates for shares of Logan Energy in a report released on Thursday, March 20th. Cormark analyst K. Baim anticipates that the company will post earnings per share of $0.08 for the year. Cormark has a “Moderate Buy” rating on the stock. The consensus estimate for Logan Energy’s current full-year earnings is $0.01 per share.

Separately, Scotiabank cut their price objective on Logan Energy from C$1.85 to C$1.75 in a research note on Friday, January 17th. Three research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of C$1.50.

Logan Energy Stock Up 1.5 %

Shares of LGN opened at C$0.67 on Monday. The business has a 50-day simple moving average of C$0.67 and a two-hundred day simple moving average of C$0.73. Logan Energy has a 52 week low of C$0.58 and a 52 week high of C$0.97. The stock has a market cap of C$387.20 million and a price-to-earnings ratio of 19.38.

About Logan Energy

Logan Energy Corp. engages in the exploration, development and production of crude oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in northeastern British Columbia. Logan Energy Corp. was incorporated in 2023 and is headquartered in Calgary, Canada.