Marenica Energy Ltd (ASX:MEY) Insider Murray Hill Purchases 400,000 Shares of Stock

Marenica Energy Ltd (ASX:MEY) insider Murray Hill acquired 400,000 shares of the company’s stock in a transaction on Thursday, March 19th. The stock was purchased at an average cost of A$0.04 ($0.03) per share, for a total transaction of A$14,400.00 ($10,212.77).

Murray Hill also recently made the following trade(s):

  • On Tuesday, January 21st, Murray Hill acquired 100,000 shares of Marenica Energy stock. The stock was purchased at an average cost of A$0.08 ($0.05) per share, for a total transaction of A$7,700.00 ($5,460.99).

The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $6.37 million and a price-to-earnings ratio of -3.95. The firm’s 50-day simple moving average is A$0.10. Marenica Energy Ltd has a 12 month low of A$0.07 ($0.05) and a 12 month high of A$0.13 ($0.09).

About Marenica Energy

Marenica Energy Limited engages in the exploration and evaluation of uranium deposits in Namibia. It holds 75% interest in the Marenica uranium project covering an area of 527 square kilometers located in Namibia. The company was formerly known as West Australian Metals Ltd and changed its name to Marenica Energy Limited in November 2009.

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