Insider Buying: Pine Cliff Energy Ltd (PNE) Insider Purchases 25,000 Shares of Stock

Pine Cliff Energy Ltd (TSE:PNE) insider Robert Disbrow bought 25,000 shares of the stock in a transaction that occurred on Wednesday, October 11th. The shares were bought at an average price of C$0.55 per share, for a total transaction of C$13,750.00.

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

  • On Friday, October 6th, Robert Disbrow bought 25,000 shares of Pine Cliff Energy stock. The shares were bought at an average price of C$0.58 per share, for a total transaction of C$14,500.00.
  • On Monday, October 2nd, Robert Disbrow bought 41,000 shares of Pine Cliff Energy stock. The shares were bought at an average price of C$0.63 per share, for a total transaction of C$25,830.00.
  • On Tuesday, October 3rd, Robert Disbrow bought 125,000 shares of Pine Cliff Energy stock. The shares were bought at an average price of C$0.60 per share, for a total transaction of C$75,000.00.
  • On Friday, September 29th, Robert Disbrow bought 25,000 shares of Pine Cliff Energy stock. The shares were bought at an average price of C$0.64 per share, for a total transaction of C$16,000.00.
  • On Thursday, September 21st, Robert Disbrow bought 50,000 shares of Pine Cliff Energy stock. The shares were bought at an average price of C$0.66 per share, for a total transaction of C$33,000.00.
  • On Thursday, August 31st, Robert Disbrow bought 39,000 shares of Pine Cliff Energy stock. The shares were bought at an average price of C$0.67 per share, for a total transaction of C$26,130.00.
  • On Friday, September 1st, Robert Disbrow bought 2,500 shares of Pine Cliff Energy stock. The shares were bought at an average price of C$0.67 per share, for a total transaction of C$1,675.00.
  • On Tuesday, August 1st, Robert Disbrow bought 10,000 shares of Pine Cliff Energy stock. The shares were bought at an average price of C$0.70 per share, for a total transaction of C$7,000.00.
  • On Monday, July 24th, Robert Disbrow bought 50,000 shares of Pine Cliff Energy stock. The shares were bought at an average price of C$0.69 per share, for a total transaction of C$34,500.00.
  • On Tuesday, July 25th, Robert Disbrow bought 50,000 shares of Pine Cliff Energy stock. The shares were bought at an average price of C$0.70 per share, for a total transaction of C$35,000.00.

Shares of Pine Cliff Energy Ltd (PNE) remained flat at $0.55 during trading on Friday. 1,700 shares of the stock traded hands. The company has a 50-day moving average price of $0.65 and a 200 day moving average price of $0.73. Pine Cliff Energy Ltd has a 12-month low of $0.53 and a 12-month high of $1.22. The stock’s market capitalization is $168.89 million.

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Separately, TD Securities downgraded Pine Cliff Energy from a “buy” rating to a “hold” rating and lowered their price objective for the company from C$1.05 to C$0.85 in a research report on Friday, June 30th.

About Pine Cliff Energy

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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