Insider Buying: Stampede Drilling Inc. (CVE:SDI) Director Purchases C$19,500.00 in Stock

Stampede Drilling Inc. (CVE:SDI) Director Lyle Clarence Whitmarsh bought 150,000 shares of the company’s stock in a transaction on Wednesday, June 11th. The shares were bought at an average cost of C$0.13 per share, for a total transaction of C$19,500.00.

Lyle Clarence Whitmarsh also recently made the following trade(s):

• On Wednesday, April 9th, Lyle Clarence Whitmarsh acquired 180,000 shares of Stampede Drilling stock. The shares were bought at an average price of C$0.14 per share, with a total value of C$25,200.00.

Stampede Drilling Price Performance

Shares of Stampede Drilling stock opened at C$0.14 on Friday. The company has a quick ratio of 0.82, a current ratio of 1.15 and a debt-to-equity ratio of 24.16. Stampede Drilling Inc. has a twelve month low of C$0.11 and a twelve month high of C$0.25. The business has a 50-day moving average price of C$0.14 and a 200 day moving average price of C$0.16. The firm has a market cap of C$27.57 million, a PE ratio of 3.66 and a beta of 1.47.

Stampede Drilling Company Profile

Stampede Drilling Inc provides oilfield services to the oil and natural gas industry in North America. It provides drilling rig services; and operates a fleet of telescopic double and triple drilling rigs. The company was formerly known as MATRRIX Energy Technologies Inc and changed its name to Stampede Drilling Inc in May 2019.