Insider Buying: Nuvista Energy Ltd (NVA) Insider Acquires C$97,000.00 in Stock

Nuvista Energy Ltd (TSE:NVA) insider Jonathan Andrew Wright purchased 25,000 shares of Nuvista Energy stock in a transaction dated Wednesday, November 28th. The stock was bought at an average cost of C$3.88 per share, with a total value of C$97,000.00.

Jonathan Andrew Wright also recently made the following trade(s):

  • On Tuesday, November 13th, Jonathan Andrew Wright purchased 85,000 shares of Nuvista Energy stock. The stock was bought at an average cost of C$4.48 per share, with a total value of C$380,800.00.
  • On Thursday, September 6th, Jonathan Andrew Wright purchased 1,350 shares of Nuvista Energy stock. The stock was bought at an average cost of C$7.30 per share, with a total value of C$9,855.00.

NVA stock opened at C$3.86 on Monday. Nuvista Energy Ltd has a 12 month low of C$3.75 and a 12 month high of C$9.89. The company has a debt-to-equity ratio of 37.98, a quick ratio of 0.59 and a current ratio of 0.60.

Nuvista Energy (TSE:NVA) last released its earnings results on Monday, November 12th. The company reported C$0.38 EPS for the quarter, beating the consensus estimate of C$0.18 by C$0.20. The business had revenue of C$150.96 million for the quarter, compared to analyst estimates of C$138.50 million. On average, sell-side analysts expect that Nuvista Energy Ltd will post 0.669999958229429 EPS for the current fiscal year.

Several analysts recently commented on the stock. BMO Capital Markets cut their target price on shares of Nuvista Energy from C$11.50 to C$10.00 in a research note on Friday, August 31st. Industrial Alliance Securities increased their target price on shares of Nuvista Energy from C$11.00 to C$12.00 in a research note on Thursday, August 9th. Raymond James cut their target price on shares of Nuvista Energy from C$13.75 to C$12.00 in a research note on Tuesday, November 13th. Canaccord Genuity cut their target price on shares of Nuvista Energy from C$11.00 to C$7.50 in a research note on Tuesday, November 13th. Finally, CIBC cut their target price on shares of Nuvista Energy from C$12.50 to C$10.50 in a research note on Tuesday, November 13th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of C$10.30.

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Nuvista Energy Company Profile

NuVista Energy Ltd., an exploration and production company, engages in the development, delineation, and production of condensate, oil, and natural gas reserves in the Western Canadian Sedimentary Basin in Canada. It primarily focuses on the condensate-rich Montney formation in the Wapiti area of the Alberta Deep Basin.

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Insider Buying and Selling by Quarter for Nuvista Energy (TSE:NVA)

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