Source Energy Services Ltd. (TSE:SHLE) Director Scott Melbourn Buys 2,500 Shares of Stock

Source Energy Services Ltd. (TSE:SHLE) Director Scott Melbourn bought 2,500 shares of Source Energy Services stock in a transaction dated Friday, March 7th. The shares were acquired at an average price of C$9.85 per share, with a total value of C$24,625.00.

Source Energy Services Stock Performance

Shares of SHLE opened at C$9.61 on Friday. Source Energy Services Ltd. has a 12-month low of C$9.14 and a 12-month high of C$18.45. The company has a debt-to-equity ratio of 126.37, a current ratio of 0.61 and a quick ratio of 0.22. The business’s fifty day moving average price is C$13.91 and its 200 day moving average price is C$13.87. The stock has a market capitalization of C$129.97 million, a PE ratio of 0.77 and a beta of 2.82.

About Source Energy Services

Source Energy Services Ltd. engages in the production and distribution of Northern White frac sand used primarily in oil and gas exploration and production in Canada and the United States. It also provides storage and logistics services for other bulk oil and gas well completion materials; and develops Sahara, a wellsite mobile sand storage and handling system.