Pan Orient Energy Corp. (CVE:POE) Director Buys C$39,192.00 in Stock

Pan Orient Energy Corp. (CVE:POE) Director Chatchai Yenbamroong acquired 27,600 shares of the business’s stock in a transaction dated Monday, April 27th. The stock was acquired at an average cost of C$1.42 per share, with a total value of C$39,192.00. Following the purchase, the director now directly owns 6,183,300 shares in the company, valued at approximately C$8,780,286.

Shares of Pan Orient Energy stock opened at C$2.12 on Friday. Pan Orient Energy Corp. has a 52-week low of C$0.97 and a 52-week high of C$2.16. The stock has a market cap of $112.55 million and a PE ratio of -212.00. The firm has a fifty day simple moving average of C$1.86. The company has a quick ratio of 43.16, a current ratio of 43.16 and a debt-to-equity ratio of 0.13.

Pan Orient Energy (CVE:POE) last posted its quarterly earnings results on Wednesday, May 15th. The oil and natural gas company reported C($0.02) EPS for the quarter. On average, analysts predict that Pan Orient Energy Corp. will post 0.02 earnings per share for the current year.

About Pan Orient Energy

Pan Orient Energy Corp., together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in Thailand, Indonesia, and Canada. It holds interests in the concession L53/48 located in west of Bangkok, Thailand; the East Jabung production sharing contract located in South Sumatra, Indonesia; and 78 sections of Sawn Lake Alberta Crown oil sands located in the central Alberta Peace River Oil Sands area.

See Also: Intrinsic Value

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