Key Points
- Director Toby Robert Pierce bought 50,000 shares at an average price of C$0.24 (C$12,000), raising his holding to 390,000 shares — a 14.71% increase in his position.
- Shares trade around C$0.23 with 50- and 200-day moving averages of C$0.27 and a 52-week range of C$0.18–C$1.11; the company has a small market cap (C$8.83M), a negative PE (-0.50) and a high beta (4.34), suggesting elevated volatility and financial risk.
New Zealand Energy Corp. (CVE:NZ - Get Free Report) Director Toby Robert Pierce acquired 50,000 shares of the company's stock in a transaction on Thursday, November 27th. The stock was acquired at an average price of C$0.24 per share, with a total value of C$12,000.00. Following the acquisition, the director owned 390,000 shares in the company, valued at approximately C$93,600. This trade represents a 14.71% increase in their position.
New Zealand Energy Price Performance
Shares of New Zealand Energy stock opened at C$0.23 on Friday. The business has a 50 day moving average of C$0.27 and a 200 day moving average of C$0.27. New Zealand Energy Corp. has a 52 week low of C$0.18 and a 52 week high of C$1.11. The company has a market cap of C$8.83 million, a PE ratio of -0.50 and a beta of 4.34. The company has a quick ratio of 0.45, a current ratio of 3.36 and a debt-to-equity ratio of 41.83.
New Zealand Energy Company Profile
(
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New Zealand Energy Corp., together with its subsidiaries, engages in the exploration and production of oil and natural gas in New Zealand. It holds interests in three petroleum mining licenses, one petroleum mining permit, and one petroleum exploration permit. The company has interests in TWN Petroleum Mining Licenses comprising Waihapa/Ngaere, and Tariki; Copper Moki petroleum mining permit; and Eltham Petroleum exploration permit. It also operates midstream assets. The company was founded in 2010 and is based in New Plymouth, New Zealand.
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