Capital Drilling (CAPD) Insider David Abery Purchases 200,000 Shares

Capital Drilling (LON:CAPD) insider David Abery purchased 200,000 shares of the business’s stock in a transaction on Friday, March 16th. The shares were acquired at an average price of GBX 39 ($0.55) per share, for a total transaction of £78,000 ($110,247.35).

Shares of LON:CAPD opened at GBX 37.10 ($0.52) on Wednesday. Capital Drilling has a twelve month low of GBX 35 ($0.49) and a twelve month high of GBX 61.50 ($0.87).

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The company also recently announced a dividend, which will be paid on Friday, May 18th. Stockholders of record on Thursday, April 26th will be given a dividend of $0.01 per share. This represents a dividend yield of 2.25%. This is a positive change from Capital Drilling’s previous dividend of $0.01. The ex-dividend date is Thursday, April 26th.

Separately, FinnCap reaffirmed a “corporate” rating and set a GBX 85 ($1.20) target price on shares of Capital Drilling in a research report on Friday, March 16th.

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About Capital Drilling

Capital Drilling Limited, together with its subsidiaries, provides exploration, development, grade control, and blast hole drilling services to the mineral exploration and mining companies. Its exploration drilling services include air core, deep hole diamond, diamond core, directional, reverse circulation, and underground diamond drilling; and grade control drilling services comprise advanced/deep grade control, shallow grade control, reverse circulation, and underground diamond drilling.

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