Hemisphere Energy (CVE:HME) Stock: Insider Ashley Ramsden-Wood Acquires 28,400 Shares

Hemisphere Energy Co. (CVE:HME) insider Ashley Ramsden-Wood purchased 28,400 shares of the business’s stock in a transaction that occurred on Wednesday, November 4th. The stock was bought at an average cost of C$2.27 per share, for a total transaction of C$64,468.00. Following the completion of the acquisition, the insider directly owned 2,378,200 shares of the company’s stock, valued at C$5,398,514. This represents a 1.21% increase in their ownership of the stock.

Ashley Ramsden-Wood also recently made the following trade(s):

• On Thursday, November 5th, Ashley Ramsden-Wood acquired 26,600 shares of Hemisphere Energy stock. The shares were bought at an average cost of C$2.25 per share, with a total value of C$59,850.00.

Hemisphere Energy Stock Performance

Shares of Hemisphere Energy stock opened at C$2.23 on Wednesday. The firm has a market cap of C$210.18 million, a PE ratio of 6.56 and a beta of 0.05. The firm’s 50-day simple moving average is C$2.26 and its 200-day simple moving average is C$2.50. The company has a debt-to-equity ratio of 2.87, a quick ratio of 0.73 and a current ratio of 3.40. Hemisphere Energy Co. has a 1 year low of C$1.83 and a 1 year high of C$3.08.

About Hemisphere Energy

Hemisphere Energy Corporation acquires, explores, develops, and produces petroleum and natural gas interests in Canada. It primarily owns a 100% interest in the Atlee Buffalo property located in southeastern Alberta. The company was formerly known as Northern Hemisphere Development Corp. and changed its name to Hemisphere Energy Corporation in April 2009. Hemisphere Energy Corporation was founded in 1977 and is headquartered in Vancouver, Canada.