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Alvopetro Energy Ltd. (CVE:ALV) Director Sells C$13,140.00 in Stock

Alvopetro Energy logo with Energy background

Alvopetro Energy Ltd. (CVE:ALV - Get Free Report) Director Corey Christopher Ruttan sold 2,000 shares of the company's stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of C$6.57, for a total value of C$13,140.00.

Corey Christopher Ruttan also recently made the following trade(s):

  • On Friday, June 20th, Corey Christopher Ruttan sold 400 shares of Alvopetro Energy stock. The stock was sold at an average price of C$7.00, for a total value of C$2,800.00.

Alvopetro Energy Price Performance

Shares of ALV stock traded down C$0.08 during trading hours on Friday, hitting C$6.48. The company had a trading volume of 28,602 shares, compared to its average volume of 19,412. The firm has a market capitalization of C$164.21 million, a price-to-earnings ratio of 11.99 and a beta of 0.59. The firm's fifty day moving average is C$5.86 and its 200 day moving average is C$5.27. Alvopetro Energy Ltd. has a 12 month low of C$4.24 and a 12 month high of C$7.49. The company has a debt-to-equity ratio of 9.27, a quick ratio of 1.95 and a current ratio of 2.10.

Alvopetro Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 6.17%. Alvopetro Energy's payout ratio is presently 90.68%.

About Alvopetro Energy

(Get Free Report)

Alvopetro Energy Ltd. operates as an independent upstream and midstream operator. It engages in the acquisition, exploration, development, and production of hydrocarbons. The company holds interests in the Caburé and Murucututu natural gas assets, Block 182 and 183 exploration assets, and Bom Lugar and Mãe-da-lua oil fields, which covers an area of approximately 22,166 acres in the Recôncavo basin onshore Brazil.

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Insider Buying and Selling by Quarter for Alvopetro Energy (CVE:ALV)

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