Insider Buying: Buru Energy (ASX:BRU) Insider Purchases A$12,750.00 in Stock

Buru Energy Limited (ASX:BRUGet Free Report) insider David Maxwell bought 750,000 shares of the stock in a transaction dated Tuesday, December 16th. The shares were purchased at an average cost of A$0.02 per share, for a total transaction of A$12,750.00.

David Maxwell also recently made the following trade(s):

  • On Tuesday, October 14th, David Maxwell purchased 1,500,000 shares of Buru Energy stock. The stock was acquired at an average price of A$0.02 per share, with a total value of A$30,000.00.

Buru Energy Price Performance

The firm has a market capitalization of $32.74 million, a price-to-earnings ratio of -7.41 and a beta of 1.14. The company has a quick ratio of 4.32, a current ratio of 3.18 and a debt-to-equity ratio of 6.30.

Buru Energy Company Profile

(Get Free Report)

Buru Energy Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas resources in Western Australia. The company operates through Oil Production, Exploration, and Energy Transition segments. It holds interests in a portfolio of petroleum exploration permits and licenses for conventional and unconventional hydrocarbon resources, carbon capture, and storage and battery minerals exploration located in Canning Basin in the southwest Kimberley region of Western Australia where it owns and operates 100% of the conventional gas and condensate discovery at Rafael 1.

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