Pine Cliff Energy Ltd (PNE) Insider Purchases C$27,000.00 in Stock

Pine Cliff Energy Ltd (TSE:PNE) insider Robert Disbrow bought 75,000 shares of Pine Cliff Energy stock in a transaction on Friday, January 12th. The shares were purchased at an average price of C$0.36 per share, for a total transaction of C$27,000.00.

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

  • On Monday, January 15th, Robert Disbrow bought 25,000 shares of Pine Cliff Energy stock. The shares were purchased at an average price of C$0.39 per share, for a total transaction of C$9,750.00.
  • On Wednesday, January 17th, Robert Disbrow bought 50,000 shares of Pine Cliff Energy stock. The shares were purchased at an average price of C$0.38 per share, for a total transaction of C$19,000.00.
  • On Wednesday, December 13th, Robert Disbrow sold 1,008,818 shares of Pine Cliff Energy stock. The stock was sold at an average price of C$0.47, for a total value of C$474,144.46.
  • On Thursday, November 23rd, Robert Disbrow sold 82,000 shares of Pine Cliff Energy stock. The stock was sold at an average price of C$0.53, for a total value of C$43,460.00.
  • On Friday, November 3rd, Robert Disbrow bought 10,000 shares of Pine Cliff Energy stock. The shares were purchased at an average price of C$0.51 per share, for a total transaction of C$5,100.00.
  • On Tuesday, October 24th, Robert Disbrow purchased 50,000 shares of Pine Cliff Energy stock. The stock was bought at an average price of C$0.50 per share, for a total transaction of C$25,000.00.

Shares of Pine Cliff Energy Ltd (TSE:PNE) opened at C$0.38 on Monday. The firm has a market capitalization of $116.69, a P/E ratio of -3.80 and a beta of 0.51. Pine Cliff Energy Ltd has a 52 week low of C$0.36 and a 52 week high of C$1.06.

Pine Cliff Energy (TSE:PNE) last posted its quarterly earnings results on Wednesday, November 8th. The company reported C($0.04) earnings per share for the quarter, missing the consensus estimate of C($0.03) by C($0.01). Pine Cliff Energy had a negative return on equity of 69.00% and a negative net margin of 126.46%.

Several research firms recently weighed in on PNE. Industrial Alliance Securities downgraded Pine Cliff Energy from a “buy” rating to a “hold” rating in a research note on Friday, October 27th. Clarus Securities restated a “buy” rating on shares of Pine Cliff Energy in a research note on Tuesday, October 24th. Finally, National Bank Financial cut their price target on Pine Cliff Energy from C$0.65 to C$0.50 and set a “sector perform” rating on the stock in a research note on Tuesday, January 9th.

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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.

Insider Buying and Selling by Quarter for Pine Cliff Energy (TSE:PNE)

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