Insider Buying: Zenith Energy Limited (ASX:ZEN) Insider Purchases 36,000 Shares of Stock

Zenith Energy Limited (ASX:ZEN) insider Peter Torre purchased 36,000 shares of the company’s stock in a transaction that occurred on Thursday, June 6th. The stock was purchased at an average price of A$0.55 ($0.39) per share, for a total transaction of A$19,800.00 ($14,042.55).

ZEN traded down A$0.01 ($0.01) during midday trading on Friday, hitting A$0.52 ($0.37). 77,744 shares of the company traded hands. The company has a quick ratio of 0.40, a current ratio of 0.86 and a debt-to-equity ratio of 173.75. The company has a market cap of $58.60 million and a PE ratio of 14.05.

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Zenith Energy Company Profile

Zenith Energy Limited, together with its subsidiaries, builds, owns, operates, manages, and maintains remote power plants for the resources industry in Australia and Papua New Guinea. It offers various fuel source options, including thermal (diesel or gas), renewable, or hybrid systems (diesel/gas or thermal/renewables).

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