Carnarvon Petroleum Limited (CVN) Insider Peter Moore Purchases 100,000 Shares of Stock

Carnarvon Petroleum Limited (ASX:CVN) insider Peter Moore purchased 100,000 shares of the business’s stock in a transaction dated Thursday, March 7th. The shares were purchased at an average cost of A$0.42 ($0.30) per share, for a total transaction of A$42,000.00 ($29,787.23).

ASX CVN traded up A$0.01 ($0.01) on Thursday, reaching A$0.45 ($0.32). The company had a trading volume of 3,694,614 shares, compared to its average volume of 1,850,000. The company has a market capitalization of $604.23 million and a PE ratio of -450.00. Carnarvon Petroleum Limited has a 52 week low of A$0.13 ($0.09) and a 52 week high of A$0.70 ($0.49).

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About Carnarvon Petroleum

Carnarvon Petroleum Limited explores for, develops, and produces oil and gas in Australia. The company owns interests in the Phoenix project located in the Bedout Sub-basin within the greater Roebuck Basin; Buffalo project located in the Bonaparte Basin; and Labyrinth project located in the Roebuck Basin in the North West Shelf of Western Australia.

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