ADX Energy Ltd (ASX:ADX) Insider Buys 500,000 Shares

ADX Energy Ltd (ASX:ADX) insider Ian Tchacos bought 500,000 shares of the company’s stock in a transaction on Wednesday, June 26th. The stock was purchased at an average cost of A$0.10 ($0.07) per share, for a total transaction of A$49,000.00 ($32,666.67).

ADX Energy Price Performance

The company has a debt-to-equity ratio of 20.51, a quick ratio of 0.86 and a current ratio of 2.25.

ADX Energy Company Profile

ADX Energy Ltd engages in the exploration, appraisal, and production of oil and gas properties. Its project portfolio comprises the Gaiselberg and Zistersdorf fields in the Vienna basin, Austria; Anshof discovery, Welchau farmin, and ADX-AT-I investment areas in Upper Austria; d363C.R-.AX license offshore project in the Sicily Channel, Italy; and the Parta exploration and Iecea Mare production licenses in Western Romania.