Key Points
- Director Toby Robert Pierce bought 36,000 New Zealand Energy shares at C$0.40 each, investing C$14,400 and increasing his position by 2.56% to 1.443 million shares.
- Pierce has also made two recent purchases totaling 42,000 shares, spending an additional C$16,800 in September.
- New Zealand Energy opened at C$0.40, with a C$22.35 million market capitalization and a one-year trading range of C$0.18 to C$0.67.
New Zealand Energy Corp. (CVE:NZ - Get Free Report) Director Toby Robert Pierce bought 36,000 shares of the stock in a transaction on Monday, September 21st. The shares were acquired at an average cost of C$0.40 per share, with a total value of C$14,400.00. Following the acquisition, the director directly owned 1,443,000 shares in the company, valued at approximately C$577,200. This trade represents a 2.56% increase in their position.
Toby Robert Pierce also recently made the following trade(s):
- On Friday, September 11th, Toby Robert Pierce purchased 2,000 shares of New Zealand Energy stock. The stock was bought at an average price of C$0.40 per share, for a total transaction of C$800.00.
- On Thursday, September 3rd, Toby Robert Pierce bought 40,000 shares of New Zealand Energy stock. The stock was bought at an average cost of C$0.40 per share, for a total transaction of C$16,000.00.
New Zealand Energy Stock Performance
Shares of NZ stock opened at C$0.40 on Wednesday. The stock has a market cap of C$22.35 million, a PE ratio of -2.86 and a beta of 4.13. The stock has a 50-day moving average of C$0.43 and a 200-day moving average of C$0.45. The company has a debt-to-equity ratio of 41.83, a current ratio of 3.36 and a quick ratio of 0.45. New Zealand Energy Corp. has a one year low of C$0.18 and a one year high of C$0.67.
About New Zealand Energy
(
Get Free Report)
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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