Strike Energy Limited (ASX:STX) Insider Buys A$486,000.00 in Stock

Strike Energy Limited (ASX:STX) insider Neville Power acquired 3,000,000 shares of the stock in a transaction on Tuesday, April 8th. The shares were purchased at an average cost of A$0.16 ($0.10) per share, with a total value of A$486,000.00 ($300,000.00).

Strike Energy Price Performance

The company has a current ratio of 1.39, a quick ratio of 1.49 and a debt-to-equity ratio of 5.28. The company has a market capitalization of $602.05 million, a PE ratio of 69.99, a PEG ratio of 3.80 and a beta of 1.02.

About Strike Energy

Strike Energy Limited explores for and develops oil and gas resources in Australia. It primarily focuses on the Project Haber, Ocean Hill, Perth Basin Geothermal, Walyering, West, and South Erregulla projects located in the Perth Basin. The company was incorporated in 1997 and is based in West Perth, Australia.