Rose Petroleum PLC (ROSE) Insider Purchases £40,000 in Stock

Rose Petroleum PLC (LON:ROSE) insider Matthew C. Idiens bought 2,000,000 shares of the business’s stock in a transaction that occurred on Thursday, April 11th. The shares were bought at an average cost of GBX 2 ($0.03) per share, for a total transaction of £40,000 ($52,267.08).

Shares of ROSE stock remained flat at $GBX 1.65 ($0.02) on Friday. 1,136,514 shares of the stock traded hands, compared to its average volume of 392,665. The stock has a market capitalization of $2.78 million and a P/E ratio of -1.10. Rose Petroleum PLC has a 52 week low of GBX 1 ($0.01) and a 52 week high of GBX 4.40 ($0.06).

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About Rose Petroleum

Rose Petroleum plc, together with its subsidiaries, primarily explores for and develops oil and gas resources in the United States. The company holds a 75% working interest in Paradox Basin covering an approximately 80,000 net acres located in Utah, the United States. The company was formerly known as VANE Minerals plc and changed its name to Rose Petroleum plc in August 2013.

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