The President & Chief Executive Officer of Surge Energy (Other OTC: ZPTAF) is Buying Shares

By Carrie Williams

Today, the President & Chief Executive Officer of Surge Energy (ZPTAFResearch Report), Paul Colborne, bought shares of ZPTAF for $34.97K.

Following this transaction Paul Colborne’s holding in the company was increased by 2% to a total of $1.35 million.

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Currently, Surge Energy has an average volume of 266.61K. The company has a one-year high of $1.00 and a one-year low of $0.14.

Based on 10 analyst ratings, the analyst consensus is Hold with an average price target of $0.27, reflecting a -23.0% downside.

The insider sentiment on Surge Energy has been positive according to 97 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

Paul Colborne’s trades have generated a -6.2% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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.