Previous Close | 9.95 |
Open | 10.00 |
Bid | 10.00 x 1400 |
Ask | 10.08 x 1100 |
Day's Range | 9.87 - 10.12 |
52 Week Range | 8.71 - 15.56 |
Volume | |
Avg. Volume | 1,140,570 |
Market Cap | 1.583B |
Beta (5Y Monthly) | 2.60 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -3.71 |
Earnings Date | Oct 30, 2024 - Nov 04, 2024 |
Forward Dividend & Yield | 0.35 (3.57%) |
Ex-Dividend Date | Sept 27, 2024 |
1y Target Est | 13.49 |
On December 29, 2023, Bank of Nova Scotia significantly increased its stake in Vermilion Energy Inc (NYSE:VET), a notable player in the oil and gas industry. This transaction not only reflects a substantial investment but also indicates a strategic positioning by the Bank of Nova Scotia within the energy sector. Bank of Nova Scotia, headquartered at 44 King Street West, Toronto, is a prominent financial institution known for its robust investment strategies.
Vermilion Energy Inc (VET) reports robust production growth and strategic advancements, while enhancing shareholder returns through increased buybacks and dividends.
As we enter the fourth quarter, both the S&P 500 and Canadian TSX have experienced strong growth, though recent volatility has been fueled by uncertainties surrounding the U.S. labor market, geopolitical tensions in the Middle East, and upcoming political events. Despite these challenges, solid economic fundamentals in Canada present opportunities for discerning investors to explore small-cap stocks that might be trading below their intrinsic value.