Leslie Edward Burden Sells 37,195 Shares of Zargon Oil and Gas Ltd (ZAR) Stock
Zargon Oil and Gas Ltd (TSE:ZAR) insider Leslie Edward Burden sold 37,195 shares of the company’s stock in a transaction that occurred on Tuesday, October 4th. The stock was sold at an average price of C$0.81, for a total value of C$30,127.95.
Shares of Zargon Oil and Gas Ltd (TSE:ZAR) opened at 0.81 on Friday. The stock’s 50 day moving average price is $0.88 and its 200-day moving average price is $0.65. Zargon Oil and Gas Ltd has a 1-year low of $0.34 and a 1-year high of $1.73. The stock’s market cap is $24.68 million.
Several analysts have issued reports on ZAR shares. FirstEnergy Capital raised Zargon Oil and Gas from an “underperform” rating to a “market perform” rating in a research note on Thursday, June 23rd. TD Securities raised Zargon Oil and Gas from a “reduce” rating to a “hold” rating and upped their target price for the stock from C$0.35 to C$0.70 in a research note on Wednesday, July 27th.
About Zargon Oil and Gas
Zargon Oil & Gas Ltd. is a Canada-based company, which is engaged in the business of oil and natural gas exploration, exploitation, development, acquisition and production in Canada and the United States. The Company’s reserves are in Canada in the provinces of Alberta and Saskatchewan, and in the United States in North Dakota.
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