Pine Cliff Energy Ltd (PNE) Insider Purchases C$18,000.00 in Stock
Pine Cliff Energy Ltd (TSE:PNE) insider George Frederick Fink purchased 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 4th. The shares were bought at an average price of C$0.60 per share, for a total transaction of C$18,000.00.
Shares of Pine Cliff Energy Ltd (TSE PNE) traded up 1.72% during midday trading on Tuesday, reaching $0.59. 85,650 shares of the company traded hands. The company has a 50 day moving average of $0.66 and a 200 day moving average of $0.73. Pine Cliff Energy Ltd has a 12 month low of $0.53 and a 12 month high of $1.22. The firm’s market capitalization is $181.17 million.
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Separately, TD Securities cut their price target on shares of Pine Cliff Energy from C$0.85 to C$0.80 and set a “hold” rating on the stock in a research note on Friday, August 11th.
Pine Cliff Energy Company Profile
Pine Cliff Energy Ltd. (Pine Cliff) is a Canada-based oil and gas exploration and production company. The Company is engaged in the exploration, development and production of oil and natural gas in the Western Canadian Sedimentary Basin (WCSB). It is also involved in the exploration for precious metals through its subsidiaries.
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