Insider Buying: Pine Cliff Energy Ltd (PNE) Insider Acquires 28,500 Shares of Stock

Pine Cliff Energy Ltd (TSE:PNE) insider Robert Disbrow bought 28,500 shares of the business’s stock in a transaction dated Tuesday, July 11th. The shares were acquired at an average cost of C$0.68 per share, for a total transaction of C$19,380.00.

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

  • On Tuesday, August 1st, Robert Disbrow purchased 10,000 shares of Pine Cliff Energy stock. The stock was purchased at an average price of C$0.70 per share, with a total value of C$7,000.00.
  • On Monday, July 24th, Robert Disbrow purchased 50,000 shares of Pine Cliff Energy stock. The stock was purchased at an average price of C$0.69 per share, with a total value 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, with a total value of C$35,000.00.
  • On Monday, July 10th, Robert Disbrow bought 16,500 shares of Pine Cliff Energy stock. The shares were bought at an average price of C$0.68 per share, with a total value of C$11,220.00.
  • On Wednesday, July 12th, Robert Disbrow bought 5,000 shares of Pine Cliff Energy stock. The shares were bought at an average price of C$0.68 per share, with a total value of C$3,400.00.
  • On Thursday, June 8th, Robert Disbrow sold 100,000 shares of Pine Cliff Energy stock. The shares were sold at an average price of C$0.80, for a total value of C$80,000.00.
  • On Thursday, May 25th, Robert Disbrow acquired 25,000 shares of Pine Cliff Energy stock. The shares were acquired at an average price of C$0.80 per share, with a total value of C$20,000.00.
  • On Wednesday, May 17th, Robert Disbrow acquired 50,000 shares of Pine Cliff Energy stock. The shares were acquired at an average price of C$0.80 per share, with a total value of C$40,000.00.
  • On Thursday, May 18th, Robert Disbrow acquired 22,500 shares of Pine Cliff Energy stock. The shares were acquired at an average price of C$0.79 per share, with a total value of C$17,775.00.
  • On Thursday, May 11th, Robert Disbrow sold 99,275 shares of Pine Cliff Energy stock. The shares were sold at an average price of C$0.80, for a total value of C$79,420.00.

Shares of Pine Cliff Energy Ltd (TSE:PNE) traded down 2.86% during midday trading on Friday, reaching $0.68. The company’s stock had a trading volume of 336,600 shares. Pine Cliff Energy Ltd has a 52 week low of $0.65 and a 52 week high of $1.22. The stock’s market capitalization is $208.81 million. The company has a 50 day moving average of $0.71 and a 200-day moving average of $0.76.

TRADEMARK VIOLATION WARNING: “Insider Buying: Pine Cliff Energy Ltd (PNE) Insider Acquires 28,500 Shares of Stock” was originally posted by Community Financial News and is owned by of Community Financial News. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States & international trademark and copyright legislation. The original version of this article can be viewed at https://www.com-unik.info/2017/08/19/pine-cliff-energy-ltd-pne-insider-purchases-c19380-00-in-stock-updated-updated-updated.html.

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

Pine Cliff Energy Company Profile

Pine Cliff Energy Ltd. engages in the acquisition, exploration for, development, and production of natural gas, crude oil, and natural gas liquids in the Western Canadian Sedimentary Basin.The company primarily holds interests in natural gas assets in the Southern core area and Edson core area; and oil and natural gas assets in the Viking and Ghost Pine area of Central Alberta.

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

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