David Maxwell Acquires 1,500,000 Shares of Buru Energy (ASX:BRU) Stock

Buru Energy Limited (ASX:BRU) insider David Maxwell acquired 1,500,000 shares of the business’s stock in a transaction on Tuesday, October 14th. The stock was bought at an average cost of A$0.02 per share, for a total transaction of A$30,000.00.

Buru Energy Price Performance

The company has a debt-to-equity ratio of 6.30, a current ratio of 3.18 and a quick ratio of 4.32. The stock has a market cap of $32.74 million, a P/E ratio of -7.41 and a beta of 1.14.

Buru Energy Company Profile

Buru Energy Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas resources in Western Australia. The company operates through Oil Production, Exploration, and Energy Transition segments. It holds interests in a portfolio of petroleum exploration permits and licenses for conventional and unconventional hydrocarbon resources, carbon capture, and storage and battery minerals exploration located in Canning Basin in the southwest Kimberley region of Western Australia where it owns and operates 100% of the conventional gas and condensate discovery at Rafael 1.