Insider Buying: Carnarvon Energy Limited (ASX:CVN) Insider Buys A$152,428.86 in Stock

Carnarvon Energy Limited (ASX:CVN) insider Russell Delroy acquired 1,036,931 shares of the company’s stock in a transaction on Tuesday, September 17th. The stock was acquired at an average price of A$0.15 ($0.10) per share, with a total value of A$152,428.86 ($104,403.33).

Carnarvon Energy Stock Performance

The company has a current ratio of 231.22, a quick ratio of 34.05 and a debt-to-equity ratio of 0.23.

Carnarvon Energy Company Profile

Carnarvon Energy Limited engages in the exploration, development, and production of oil and gas properties in Australia. It is also involved in the renewable fuels business. The company owns various interests in the Dorado, Pavo, Roc, Phoenix, and Phoenix South project located in the Bedout Sub-basin permits of Western Australia.