New Zealand Energy (CVE:NZ) Director Purchases C$14,400.00 in Stock

New Zealand Energy Corp. (CVE:NZGet Free Report) Director Toby Robert Pierce bought 36,000 shares of the business’s stock in a transaction on Monday, September 21st. The shares were purchased at an average cost of C$0.40 per share, with a total value of C$14,400.00. Following the transaction, the director owned 1,443,000 shares in the company, valued at approximately C$577,200. The trade was a 2.56% increase in their ownership of the stock.

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 acquired at an average cost of C$0.40 per share, for a total transaction of C$800.00.
  • On Thursday, September 3rd, Toby Robert Pierce acquired 40,000 shares of New Zealand Energy stock. The stock was acquired at an average price of C$0.40 per share, for a total transaction of C$16,000.00.

New Zealand Energy Price Performance

Shares of CVE NZ remained flat at C$0.40 during trading hours on Tuesday. The company had a trading volume of 36,000 shares, compared to its average volume of 52,433. The firm has a fifty day moving average of C$0.43 and a 200-day moving average of C$0.44. New Zealand Energy Corp. has a fifty-two week low of C$0.18 and a fifty-two week high of C$0.67. The stock has a market cap of C$22.35 million, a PE ratio of -2.86 and a beta of 4.13. The company has a debt-to-equity ratio of 41.83, a current ratio of 3.36 and a quick ratio of 0.45.

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.

Further Reading

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