Shares of Zargon Oil & Gas Ltd (TSE:ZAR) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.34 and last traded at C$0.44, with a volume of 7745 shares. The stock had previously closed at C$0.43.

In other news, Director Kyle Kitagawa sold 127,500 shares of the firm’s stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of C$0.45, for a total transaction of C$57,375.00. Also, Director Craig Henry Hansen sold 70,000 shares of Zargon Oil & Gas stock in a transaction that occurred on Wednesday, October 4th. The shares were sold at an average price of C$0.49, for a total transaction of C$34,300.00. In the last 90 days, insiders have bought 277,088 shares of company stock valued at $143,086 and have sold 436,000 shares valued at $196,785.

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Zargon Oil & Gas Company Profile

Zargon Oil & Gas Ltd. is a Canada-based company, which is engaged in the business of oil and natural gas exploration, exploitation, development, acquisition and production in Canada and the United States. The Company’s reserves are in Canada in the provinces of Alberta and Saskatchewan, and in the United States in North Dakota.

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