The Vice-President of Surge Energy is Exercising Options

Today it was reported that the Vice-President of Surge Energy (ZPTAFResearch Report), Derek Wayne Christie, exercised options to sell 36,979 ZPTAF shares for a total transaction value of $21.61K.

This recent transaction decreases Derek Wayne Christie’s holding in the company by 8% to a total of $231.4K. In addition to Derek Wayne Christie, 2 other ZPTAF executives reported Sell trades in the last month.

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ZPTAF’s market cap is $155 million and the company has a P/E ratio of -0.30. The company has a one-year high of $0.60 and a one-year low of $0.11.

Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $0.70, reflecting a -36.0% downside.

The insider sentiment on Surge Energy has been negative according to 105 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Surge Energy, Inc. engages in the exploration, development, and production of oil and gas properties. Its properties include Greater Sawn, Valhalla, Sparky, Shaunavon, and Minors that are located in Alberta and Saskatchewan. The company was founded on January 26, 1998 and is headquartered in Calgary, Canada.