Tlou Energy Limited (LON:TLOU) Insider Hugh Swire Purchases 3,050,000 Shares

Tlou Energy Limited (LON:TLOU) insider Hugh Swire acquired 3,050,000 shares of the stock in a transaction dated Wednesday, November 6th. The stock was acquired at an average price of GBX 1 ($0.01) per share, with a total value of £30,500 ($39,703.20).

Tlou Energy Price Performance

Shares of LON:TLOU opened at GBX 0.68 ($0.01) on Thursday. The company’s fifty day moving average is GBX 1.29 and its 200 day moving average is GBX 1.70. The company has a quick ratio of 5.21, a current ratio of 1.50 and a debt-to-equity ratio of 20.32. Tlou Energy Limited has a 52 week low of GBX 0.60 ($0.01) and a 52 week high of GBX 2.55 ($0.03). The stock has a market cap of £8.57 million, a PE ratio of -11.00 and a beta of 1.74.

Tlou Energy Company Profile

Tlou Energy Limited explores for, evaluates, and develops coalbed methane (CBM) resources in Southern Africa. The company owns 100% interests in the Lesedi CBM project, Mamba, and Boomslang projects. It is also involved in development of gas-fired power, solar power, and hydrogen projects. Tlou Energy Limited was incorporated in 2009 and is based in Brisbane, Australia.