Ian Tchacos Purchases 161,608 Shares of ADX Energy Ltd (ASX:ADX) Stock

ADX Energy Ltd (ASX:ADX) insider Ian Tchacos bought 161,608 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The shares were acquired at an average price of A$0.13 ($0.09) per share, for a total transaction of A$20,201.00 ($13,931.72).

ADX Energy Stock Performance

The company has a debt-to-equity ratio of 10.95, a quick ratio of 0.86 and a current ratio of 3.00.

ADX Energy Company Profile

ADX Energy Ltd engages in the exploration, appraisal, and production of oil and gas properties. Its project portfolio comprises the Gaiselberg and Zistersdorf fields in the Vienna basin, Austria; Anshof discovery, Welchau farmin, and ADX-AT-I investment areas in Upper Austria; d363C.R-.AX license offshore project in the Sicily Channel, Italy; and the Parta exploration and Iecea Mare production licenses in Western Romania.