Hemisphere Energy (CVE:HME) Stock: Insider Ashley Ramsden-Wood Purchases 26,600 Shares

Hemisphere Energy Co. (CVE:HME) insider Ashley Ramsden-Wood bought 26,600 shares of the firm’s stock in a transaction on Thursday, November 5th. The stock was acquired at an average price of C$2.25 per share, for a total transaction of C$59,850.00. Following the transaction, the insider owned 2,404,800 shares of the company’s stock, valued at approximately C$5,410,800. The trade was a 1.12% increase in their ownership of the stock.

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

• On Wednesday, November 4th, Ashley Ramsden-Wood bought 28,400 shares of Hemisphere Energy stock. The shares were acquired at an average cost of C$2.27 per share, with a total value of C$64,468.00.

Hemisphere Energy Trading Up 0.5%

HME opened at C$2.23 on Wednesday. The company has a market cap of C$210.18 million, a P/E ratio of 6.56 and a beta of 0.05. The company has a current ratio of 3.40, a quick ratio of 0.73 and a debt-to-equity ratio of 2.87. The company’s 50 day moving average is C$2.26 and its 200-day moving average is C$2.50. 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.