Toby Robert Pierce Buys 36,000 Shares of New Zealand Energy (CVE:NZ) Stock

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

Toby Robert Pierce also recently made the following trade(s):

  • On Friday, September 11th, Toby Robert Pierce bought 2,000 shares of New Zealand Energy stock. The shares were acquired at an average price of C$0.40 per share, for a total transaction of C$800.00.
  • On Thursday, September 3rd, Toby Robert Pierce bought 40,000 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$16,000.00.

New Zealand Energy Stock Performance

CVE:NZ remained flat at C$0.40 during mid-day trading on Tuesday. 36,000 shares of the company traded hands, compared to its average volume of 52,433. The firm has a market cap of C$22.35 million, a P/E 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. New Zealand Energy Corp. has a 52-week low of C$0.18 and a 52-week high of C$0.67. The company has a fifty day simple moving average of C$0.43 and a two-hundred day simple moving average of C$0.44.

New Zealand Energy Company Profile

(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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