Maglan Capital Lp Purchases 301,500 Shares of Madalena Energy Inc (MVN) Stock
Madalena Energy Inc (CVE:MVN) insider Maglan Capital Lp purchased 301,500 shares of Madalena Energy stock in a transaction that occurred on Tuesday, March 20th. The stock was purchased at an average price of C$0.21 per share, with a total value of C$63,315.00.
Madalena Energy stock traded up C$0.01 on Thursday, reaching C$0.22. The company had a trading volume of 5,000 shares, compared to its average volume of 216,026. The company has a market cap of $125.04, a P/E ratio of -3.50 and a beta of 1.58. Madalena Energy Inc has a twelve month low of C$0.14 and a twelve month high of C$0.29.
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About Madalena Energy
Madalena Energy Inc is a Canada-based upstream oil and gas company. The Company is engaged primarily in the exploration and development of oil and gas. The Company’s segments include Canada and Argentina. Its operations are located in Western Canada in the Greater Paddle River area of west-central Alberta, where the Company holds approximately 170 gross sections of land encompassing light oil and liquids-rich gas plays.
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