Firoz Karmali Talakshi Sells 3,000 Shares of Alvopetro Energy (CVE:ALV) Stock

Alvopetro Energy Ltd. (CVE:ALV) Director Firoz Karmali Talakshi sold 3,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of C$8.20, for a total transaction of C$24,600.00. Following the completion of the sale, the director directly owned 2,800 shares in the company, valued at approximately C$22,960. This represents a 51.72% decrease in their ownership of the stock.

Firoz Karmali Talakshi also recently made the following trade(s):

• On Monday, May 25th, Firoz Karmali Talakshi sold 1,500 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.24, for a total transaction of C$12,360.00.
• On Monday, May 25th, Firoz Karmali Talakshi sold 1,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.27, for a total transaction of C$8,270.00.
• On Friday, May 22nd, Firoz Karmali Talakshi sold 1,200 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.35, for a total transaction of C$10,020.00.

Alvopetro Energy Trading Down 0.7%

Shares of CVE:ALV opened at C$8.25 on Thursday. Alvopetro Energy Ltd. has a 52 week low of C$5.65 and a 52 week high of C$10.54. The company’s 50 day moving average is C$8.80 and its two-hundred day moving average is C$7.61. The company has a current ratio of 1.68, a quick ratio of 1.95 and a debt-to-equity ratio of 26.18. The company has a market cap of C$305.86 million, a PE ratio of 12.50 and a beta of -0.62.

About Alvopetro Energy

Alvopetro Energy Ltd. operates as an independent upstream and midstream operator. It engages in the acquisition, exploration, development, and production of hydrocarbons. The company holds interests in the Caburé and Murucututu natural gas assets, Block 182 and 183 exploration assets, and Bom Lugar and Mãe-da-lua oil fields, which covers an area of approximately 22,166 acres in the Recôncavo basin onshore Brazil. Alvopetro Energy Ltd. was incorporated in 2013 and is headquartered in Calgary, Canada.