Bradley Blair Porter Sells 590,000 Shares of Return Energy Inc (RTN) Stock

Return Energy Inc (CVE:RTN) Director Bradley Blair Porter sold 590,000 shares of Return Energy stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of C$0.07, for a total transaction of C$41,300.00.

Return Energy Inc (CVE:RTN) traded up C$0.01 on Monday, reaching C$0.08. 169,000 shares of the company were exchanged, compared to its average volume of 93,693. The firm has a market capitalization of $7.74, a price-to-earnings ratio of -1.60 and a beta of 1.69. Return Energy Inc has a 52-week low of C$0.07 and a 52-week high of C$0.16.

Return Energy (CVE:RTN) last posted its quarterly earnings results on Monday, November 27th. The company reported C($0.02) earnings per share for the quarter. Return Energy had a negative return on equity of 174.72% and a negative net margin of 219.65%.

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About Return Energy

Return Energy Inc engages in the exploration for, development, and production of petroleum and natural gas properties in the Western Canadian Sedimentary Basin. The company holds interests in the producing oil and gas assets in the Rycroft, Valhalla, and Gordondale areas of northwest Alberta. It primarily owns and operates a 100% interest in the 17MMCF/d Rycroft gas plant and associated gathering system.

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