Shares of Rose Petroleum PLC (LON:ROSE) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 3.08 ($0.04) and last traded at GBX 3.25 ($0.04), with a volume of 793938 shares trading hands. The stock had previously closed at GBX 3.25 ($0.04).
The company has a market cap of $4.49 and a P/E ratio of -65.00.
In other news, insider Matthew C. Idiens bought 600,000 shares of Rose Petroleum stock in a transaction dated Friday, December 22nd. The stock was bought at an average cost of GBX 3 ($0.04) per share, for a total transaction of £18,000 ($24,410.09).
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About Rose Petroleum
Rose Petroleum plc is a United Kingdom-based diversified oil and gas (O&G), and mining company with both exploration and production assets. The Company is engaged in the exploration and development of O&G resources together with the evaluation and acquisition of other mineral exploration targets, principally gold, silver, uranium and copper, and the development and operation of mines in Mexico.
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