Ashley Gilbert Purchases 529,400 Shares of 88 Energy (ASX:88E) Stock

88 Energy Limited (ASX:88E) insider Ashley Gilbert purchased 529,400 shares of the company’s stock in a transaction on Tuesday, December 30th. The stock was purchased at an average price of A$0.02 per share, for a total transaction of A$12,176.20.

88 Energy Stock Performance

The company has a debt-to-equity ratio of 35.28, a quick ratio of 1.99 and a current ratio of 8.51.

88 Energy Company Profile

88 Energy Limited engages in the exploration and production of oil and gas properties in the United States and Namibia. The company was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February 2015. 88 Energy Limited was incorporated in 1996 and is based in Subiaco, Australia.