Alvopetro Energy Ltd. (CVE:ALV - Get Free Report) Senior Officer Adrian Audet sold 4,000 shares of the firm's stock in a transaction on Monday, June 23rd. The stock was sold at an average price of C$6.50, for a total value of C$26,000.00.
Alvopetro Energy Trading Down 1.2%
ALV stock traded down C$0.08 on Friday, reaching C$6.48. The company's stock had a trading volume of 28,602 shares, compared to its average volume of 19,412. The business has a fifty day simple moving average of C$5.86 and a two-hundred day simple moving average of 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 firm has a market cap of C$164.21 million, a PE ratio of 11.99 and a beta of 0.59. 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 company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 6.17%. Alvopetro Energy's payout ratio is 90.68%.
Alvopetro Energy Company Profile
(
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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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