Zargon Oil and Gas Ltd (TSE:ZAR) shares fell 0% during mid-day trading on Monday . The stock traded as low as C$0.50 and last traded at C$0.51. 40,560 shares were traded during mid-day trading, a decline of 48% from the average session volume of 77,786 shares. The stock had previously closed at C$0.51.
The stock has a market cap of $15.40, a P/E ratio of -0.65 and a beta of 1.94.
In other news, Director Craig Henry Hansen sold 130,000 shares of the stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of C$0.42, for a total value of C$54,600.00. In the last three months, insiders sold 144,500 shares of company stock valued at $60,550.
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About Zargon Oil and Gas
Zargon Oil & Gas Ltd. is a Canada-based company, which is engaged in the business of oil and natural gas exploration, exploitation, development, acquisition and production in Canada and the United States. The Company’s reserves are in Canada in the provinces of Alberta and Saskatchewan, and in the United States in North Dakota.
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