Samson Oil & Gas Lim Director Sells $39,600 in Stock (SSN)
Samson Oil & Gas Lim (NYSE:SSN) Director Eugene C. Mccolley unloaded 90,000 shares of Samson Oil & Gas Lim stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of $0.44, for a total transaction of $39,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Samson Oil & Gas Lim (NYSE:SSN) traded up 1.11% during mid-day trading on Thursday, hitting $0.455. The stock had a trading volume of 2,336,160 shares. Samson Oil & Gas Lim has a one year low of $0.28 and a one year high of $0.95. The stock’s 50-day moving average is $0.36 and its 200-day moving average is $0.42. The company’s market cap is $64.6 million. Samson Oil & Gas Lim also was the recipient of a significant increase in short interest in the month of June. As of June 13th, there was short interest totalling 1,278,792 shares, an increase of 3.5% from the May 30th total of 1,235,258 shares. Based on an average daily trading volume, of 863,461 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.0% of the company’s shares are short sold.
Samson Oil & Gas Limited is an Australia-based company active in the energy sector. Its principal activities include oil and gas exploration, development and production in the United States.
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