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Last C$0.06 CAD
Change Today +0.015 / 33.33%
Volume 1.3K
ADL On Other Exchanges
As of 12:10 PM 07/7/15 All times are local (Market data is delayed by at least 15 minutes).

adira energy ltd (ADL) Snapshot

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52 Week High
07/7/14 - C$0.18
52 Week Low
03/20/15 - C$0.04
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Current Stock Chart for ADIRA ENERGY LTD (ADL)

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adira energy ltd (ADL) Details

Adira Energy Ltd. operates as an oil and gas exploration company. It holds working interests in two offshore petroleum licenses, including the Gabriella License No. 378 covering an area of 97,000 acres located approximately 10 kilometers offshore Israel between Netanya and Ashdod; and the Yitzhak License No. 380 comprising 31,555 acres situated approximately 9 km offshore Israel. Adira Energy Ltd. is headquartered in Toronto, Canada.

adira energy ltd (ADL) Top Compensated Officers

Chief Financial Officer and Secretary
Total Annual Compensation: $109.0K
Executive Vice President of Corporate Develop...
Total Annual Compensation: $103.0K
Compensation as of Fiscal Year 2014.

adira energy ltd (ADL) Key Developments

Adira Energy Ltd. Announces Unaudited Consolidated Earnings Results for Three Months Period Ended March 31, 2015

Adira Energy Ltd. announced unaudited consolidated earnings results for three months period ended March 31, 2015. For the year, the company reported operating loss of USD 85,000 against operating profit of USD 446,000 a year ago. Loss before income taxes was USD 78,000 against profit before income taxes of USD 406,000 a year ago. Net loss and comprehensive loss was USD 78,000 against net profit and comprehensive profit of USD 406,000 a year ago. Basic and diluted net loss per share attributable to equity holders of the parent was USD 0.01 against USD 0.05 a year ago. Net cash used in operating activities was USD 38,000 against net cash generated from operating activities of USD 164,000 a year ago.

Adira Energy Ltd. Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2014

Adira Energy Ltd. announced audited consolidated earnings results for the year ended December 31, 2014. For the year, the company reported profit before financing income and gain on foreign exchange of $772,000 compared to loss of $8,641,000 a year ago. Profit before income taxes was $735,000 compared to loss of $5,644,000 a year ago. Net profit and comprehensive profit was $735,000 or $0.06 per basic and diluted share compared to loss of $5,644,000 or $0.47 per basic and diluted share a year ago. Net cash used in operating activities was $380,000 compared to $2,011,000 a year ago.

Adira Energy Ltd. Auditor Raises 'Going Concern' Doubt

Adira Energy Ltd. filed its 6-K on Apr 30, 2015 for the period ending Dec 31, 2014. In this report its auditor, Meyers Norris Penny LLP - MNP LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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