Douglas Charles Urch Purchases 6,000 Shares of Kolibri Global Energy Inc. (TSE:KEI) Stock

Kolibri Global Energy Inc. (TSE:KEI) Director Douglas Charles Urch bought 6,000 shares of the company’s stock in a transaction dated Wednesday, September 11th. The stock was purchased at an average cost of C$4.02 per share, for a total transaction of C$24,120.00.

Kolibri Global Energy Stock Performance

Kolibri Global Energy stock opened at C$4.21 on Friday. The company has a 50 day moving average price of C$4.41 and a 200 day moving average price of C$4.51. Kolibri Global Energy Inc. has a 52 week low of C$3.82 and a 52 week high of C$6.48. The firm has a market capitalization of C$150.47 million, a price-to-earnings ratio of 7.80 and a beta of 2.33.

Kolibri Global Energy (TSE:KEI) last issued its quarterly earnings results on Tuesday, August 13th. The company reported C$0.15 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.15. The business had revenue of C$19.04 million for the quarter, compared to the consensus estimate of C$19.79 million. Kolibri Global Energy had a return on equity of 8.51% and a net margin of 26.70%. Equities analysts forecast that Kolibri Global Energy Inc. will post 0.9575472 earnings per share for the current fiscal year.

Kolibri Global Energy Company Profile

Kolibri Global Energy Inc engages in the finding and exploiting oil, gas, and clean and sustainable energy in the United States. It sells crude oil, natural gas, and natural gas liquids. The company was formerly known as BNK Petroleum Inc and changed its name to Kolibri Global Energy Inc in November 2020.