Central Petroleum (ASX:CTP) Insider Purchases A$22,673.59 in Stock

Central Petroleum Limited (ASX:CTP) insider Agu Kantsler purchased 365,703 shares of the business’s stock in a transaction dated Thursday, August 28th. The shares were purchased at an average cost of A$0.06 per share, with a total value of A$22,673.59.

Central Petroleum Stock Performance

The firm has a market cap of $46.21 million, a PE ratio of 3.69 and a beta of 0.84. The company has a quick ratio of 1.57, a current ratio of 1.88 and a debt-to-equity ratio of 74.38.

About Central Petroleum

Central Petroleum Limited engages in the development, production, processing, and marketing of hydrocarbons in Australia. It holds interests in various oil and gas properties comprising 173,122 square kilometers of exploration area located in the Amadeus, Southern Georgina, Wiso, and Surat Basins. The company was incorporated in 1998 and is headquartered in Brisbane, Australia.