Rose Petroleum PLC (LON:ROSE)’s share price reached a new 52-week low on Wednesday . The company traded as low as GBX 3.08 ($0.04) and last traded at GBX 3.25 ($0.04), with a volume of 793938 shares traded. The stock had previously closed at GBX 3.25 ($0.04).

The stock has a market capitalization of $3.70 and a P/E ratio of -71.00.

In related news, insider Matthew C. Idiens purchased 600,000 shares of the stock in a transaction dated Friday, December 22nd. The shares were acquired at an average cost of GBX 3 ($0.04) per share, with a total value of £18,000 ($24,410.09).

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About Rose Petroleum

Rose Petroleum plc is a United Kingdom-based diversified oil and gas (O&G), and mining company with both exploration and production assets. The Company is engaged in the exploration and development of O&G resources together with the evaluation and acquisition of other mineral exploration targets, principally gold, silver, uranium and copper, and the development and operation of mines in Mexico.

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