Emerald Bay Energy Inc. (CVE:EBY) insider Clarence Wagenaar sold 4,300,000 shares of the stock in a transaction dated Monday, April 8th. The stock was sold at an average price of C$0.02, for a total value of C$64,500.00. Following the completion of the sale, the insider now owns 40,780,178 shares of the company’s stock, valued at C$611,702.67.
Shares of Emerald Bay Energy stock traded up C$0.01 during trading hours on Tuesday, hitting C$0.02. The company’s stock had a trading volume of 17,000 shares, compared to its average volume of 661,232. Emerald Bay Energy Inc. has a 12 month low of C$0.01 and a 12 month high of C$0.03. The stock has a 50 day moving average of C$0.02 and a 200 day moving average of C$0.02. The company has a market capitalization of $6.42 million and a PE ratio of -1.67.
Emerald Bay Energy Company Profile
Emerald Bay Energy Inc operates as an energy company with oil producing properties in Southwest Texas, as well as non-operated oil and natural gas interests in Central Alberta, Canada. It owns 50% working interests in the Wooden Horse and Nash Creek projects in Guadeloupe, Texas. The company also owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships.
Further Reading: How is a price target determined?
Receive News & Ratings for Emerald Bay Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerald Bay Energy and related companies with MarketBeat.com's FREE daily email newsletter.