Birchcliff Energy Ltd. (TSE:BIR) insider Myles Bosman purchased 5,700 shares of the business’s stock in a transaction dated Thursday, October 5th. The shares were purchased at an average price of C$5.56 per share, for a total transaction of C$31,692.00.

Birchcliff Energy Ltd. (TSE:BIR) traded down 0.54% during trading on Thursday, reaching $5.50. The company’s stock had a trading volume of 3,131,695 shares. The stock has a 50 day moving average price of $5.91 and a 200 day moving average price of $6.35. The stock has a market capitalization of $1.46 billion and a PE ratio of 25.58. Birchcliff Energy Ltd. has a 1-year low of $5.33 and a 1-year high of $10.50.

The business also recently declared a quarterly dividend, which was paid on Monday, October 2nd. Shareholders of record on Monday, October 2nd were issued a dividend of $0.025 per share. The ex-dividend date of this dividend was Wednesday, September 13th. This represents a $0.10 annualized dividend and a yield of 1.82%.

TRADEMARK VIOLATION WARNING: “Birchcliff Energy Ltd. (BIR) Insider Buys C$31,692.00 in Stock” was published by American Banking News and is the sole property of of American Banking News. If you are viewing this report on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark legislation. The legal version of this report can be accessed at https://www.americanbankingnews.com/2017/10/05/birchcliff-energy-ltd-bir-insider-buys-c31692-00-in-stock.html.

Several research firms have issued reports on BIR. Raymond James Financial, Inc. lifted their target price on Birchcliff Energy from C$9.75 to C$10.25 and gave the company an “outperform” rating in a research note on Friday, August 11th. National Bank Financial cut their target price on Birchcliff Energy from C$10.00 to C$9.25 and set an “outperform” rating on the stock in a research note on Wednesday, August 2nd. Finally, Royal Bank Of Canada lifted their target price on Birchcliff Energy from C$9.00 to C$11.00 in a research note on Thursday, July 20th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of C$11.69.

Birchcliff Energy Company Profile

Birchcliff Energy Ltd. is an intermediate oil and natural gas company. The Company is engaged in the exploration for and the development, production and acquisition of petroleum and natural gas reserves in Western Canada. Its operations are concentrated within core area, the Peace River Arch, which is centered over 90 kilometers northwest of Grande Prairie, Alberta, adjacent to the Alberta/British Columbia border.

Insider Buying and Selling by Quarter for Birchcliff Energy (TSE:BIR)

Receive News & Ratings for Birchcliff Energy Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Birchcliff Energy Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.