Insider Buying: Pieridae Energy Ltd (CVE:PEA) Director Purchases C$38,552.20 in Stock

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Pieridae Energy Ltd (CVE:PEA) Director Andrew George Judson bought 106,000 shares of the business’s stock in a transaction on Thursday, August 13th. The stock was purchased at an average price of C$0.36 per share, with a total value of C$38,552.20. Following the completion of the transaction, the director now directly owns 372,682 shares of the company’s stock, valued at C$135,544.44.

The firm has a market capitalization of $55.18 million and a P/E ratio of -0.46. The company has a debt-to-equity ratio of 199.86, a current ratio of 1.25 and a quick ratio of 0.65. Pieridae Energy Ltd has a 52-week low of C$0.12 and a 52-week high of C$1.09. The business has a fifty day moving average price of C$0.35 and a 200 day moving average price of C$0.44.

About Pieridae Energy

Pieridae Energy Limited engages in the acquisition, exploration, and development of petroleum and natural gas resources in Canada. The company holds interests in 19,342 net acres in Ojay area, and 212,155 net acres in the Deep Basin Sierra and Ekwan areas, British Columbia; and 220,212 net acres in Northern Alberta Foothills, 180,938 net acres in Central Alberta Foothills, and 5,423 net acres in Southern Alberta Foothills, Alberta.

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