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Norwest Energy NL (ASX:NWE) Insider Iain Smith Acquires 20,000,000 Shares

Defense World ·  Feb 22, 2023 17:23

Norwest Energy NL (ASX:NWE – Get Rating) insider Iain Smith bought 20,000,000 shares of the stock in a transaction dated Monday, February 20th. The shares were bought at an average cost of A$0.07 ($0.04) per share, with a total value of A$1,300,000.00 ($896,551.72).

Iain Smith also recently made the following trade(s):

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  • On Monday, February 6th, Iain Smith 78,557,142 shares of Norwest Energy stock.

Norwest Energy Stock Performance

The company has a quick ratio of 16.41, a current ratio of 16.41 and a debt-to-equity ratio of 5.20.

Norwest Energy Company Profile

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Norwest Energy NL is involved in the exploration of hydrocarbon resources in Australia. The company owns 20% interest in EP368 permit; 22.22% interest in EP426 permit; and 25% working interest in TP/15 permit located in Australia. Norwest Energy NL was incorporated in 1997 and is headquartered in West Perth, Australia.

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