Lyle Clarence Whitmarsh Buys 180,000 Shares of Stampede Drilling Inc. (CVE:SDI) Stock

Stampede Drilling Inc. (CVE:SDI) Director Lyle Clarence Whitmarsh bought 180,000 shares of Stampede Drilling stock in a transaction dated Wednesday, April 9th. The stock was purchased at an average price of C$0.14 per share, for a total transaction of C$25,200.00.

Stampede Drilling Price Performance

Shares of CVE SDI traded up C$0.02 during mid-day trading on Thursday, hitting C$0.15. 130,500 shares of the stock were exchanged, compared to its average volume of 125,450. The company has a market cap of C$30.63 million, a P/E ratio of 4.07 and a beta of 1.47. Stampede Drilling Inc. has a twelve month low of C$0.12 and a twelve month high of C$0.25. The stock’s fifty day simple moving average is C$0.16 and its two-hundred day simple moving average is C$0.18. The company has a debt-to-equity ratio of 24.16, a quick ratio of 0.82 and a current ratio of 1.15.

About Stampede Drilling

Stampede Drilling Inc provides oilfield services to the oil and natural gas industry in North America. It provides drilling rig services; and operates a fleet of telescopic double and triple drilling rigs. The company was formerly known as MATRRIX Energy Technologies Inc and changed its name to Stampede Drilling Inc in May 2019.