Insider Buying: Australis Oil & Gas Ltd (ASX:ATS) Insider Buys 98,787 Shares of Stock

Australis Oil & Gas Ltd (ASX:ATS) insider Stephen Scudamore acquired 98,787 shares of the firm’s stock in a transaction dated Friday, March 15th. The shares were purchased at an average price of A$0.26 ($0.18) per share, with a total value of A$25,684.62 ($18,216.04).

ASX:ATS remained flat at $A$0.26 ($0.18) during trading hours on Friday. 54,316 shares of the company’s stock were exchanged, compared to its average volume of 852,934. The company has a debt-to-equity ratio of 5.01, a current ratio of 1.81 and a quick ratio of 1.68. The firm has a market capitalization of $255.33 million and a PE ratio of 240.00. Australis Oil & Gas Ltd has a 1-year low of A$0.19 ($0.13) and a 1-year high of A$0.55 ($0.39).

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Australis Oil & Gas Company Profile

Australis Oil & Gas Limited engages in the oil and gas exploration, development, and production activities. The company operates through Oil & Gas Production, Exploration, and Other segments. The company holds 100% interest in the Tuscaloosa Marine Shale covering an area of 110,000 net acres located in Louisiana and Mississippi, the United States.

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