General Moly Inc. (NYSEMKT:GMO) CEO Bruce D. Hansen acquired 40,000 shares of the stock in a transaction that occurred on Thursday, October 13th. The shares were bought at an average cost of $0.26 per share, for a total transaction of $10,400.00. Following the completion of the transaction, the chief executive officer now directly owns 2,841,683 shares of the company’s stock, valued at approximately $738,837.58. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.
General Moly Inc. (NYSEMKT:GMO) opened at 0.2575 on Monday. General Moly Inc. has a 12 month low of $0.15 and a 12 month high of $0.47. The company’s 50-day moving average is $0.29 and its 200-day moving average is $0.34. The stock’s market capitalization is $28.47 million.
General Moly (NYSEMKT:GMO) last released its earnings results on Monday, August 8th. The company reported ($0.02) earnings per share (EPS) for the quarter. Equities analysts anticipate that General Moly Inc. will post ($0.07) earnings per share for the current year.
General Moly Company Profile
General Moly, Inc is engaged in the business of the exploration, development and mining of properties containing molybdenum. The Company, through its subsidiary, Eureka Moly, LLC, holds interest in the Mt. Hope Project, a molybdenum property, located in Eureka County, Nevada. The Mt. Hope Project contains molybdenum reserves totaling approximately 1.4 billion pounds of which 1.2 billion pounds are estimated to be recoverable.
Receive News & Ratings for General Moly Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Moly Inc. and related companies with MarketBeat.com's FREE daily email newsletter.