Insider Buying: Carnarvon Energy Limited (ASX:CVN) Insider Acquires 500,000 Shares of Stock

Carnarvon Energy Limited (ASX:CVNGet Free Report) insider Robert Black bought 500,000 shares of the firm’s stock in a transaction dated Thursday, September 19th. The shares were bought at an average price of A$0.15 ($0.10) per share, with a total value of A$75,500.00 ($51,712.33).

Robert Black also recently made the following trade(s):

  • On Thursday, July 25th, Robert Black acquired 1,000,000 shares of Carnarvon Energy stock. The shares were purchased at an average price of A$0.17 ($0.11) per share, with a total value of A$165,000.00 ($113,013.70).

Carnarvon Energy Price Performance

The company has a quick ratio of 34.05, a current ratio of 231.22 and a debt-to-equity ratio of 0.23.

About Carnarvon Energy

(Get Free Report)

Carnarvon Energy Limited engages in the exploration, development, and production of oil and gas properties in Australia. It is also involved in the renewable fuels business. The company owns various interests in the Dorado, Pavo, Roc, Phoenix, and Phoenix South project located in the Bedout Sub-basin permits of Western Australia.

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