Insider Buying: Glacier Media (TSE:GVC) Insider Buys 95,500 Shares

Glacier Media Inc. (TSE:GVC) insider Mark Thomas Melville acquired 95,500 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The shares were bought at an average price of C$0.34 per share, with a total value of C$32,470.00. Following the completion of the purchase, the insider owned 359,864 shares in the company, valued at C$122,353.76. This trade represents a 36.12% increase in their position.

Mark Thomas Melville also recently made the following trade(s):

• On Thursday, May 14th, Mark Thomas Melville purchased 63,235 shares of Glacier Media stock. The stock was acquired at an average price of C$0.34 per share, with a total value of C$21,499.90.

Glacier Media Price Performance

TSE:GVC remained flat at C$0.35 on Wednesday. The company’s stock had a trading volume of 106,000 shares, compared to its average volume of 50,359. The stock’s 50 day moving average is C$0.34 and its 200-day moving average is C$0.32. Glacier Media Inc. has a twelve month low of C$0.09 and a twelve month high of C$0.37. The stock has a market capitalization of C$45.90 million, a price-to-earnings ratio of 5.08 and a beta of 0.52. The company has a debt-to-equity ratio of 21.58, a quick ratio of 1.23 and a current ratio of 0.78.

Glacier Media (TSE:GVC) last released its earnings results on Thursday, May 7th. The company reported C($0.01) earnings per share (EPS) for the quarter. The business had revenue of C$29.84 million for the quarter. Glacier Media had a negative return on equity of 89.90% and a negative net margin of 63.78%. On average, equities analysts anticipate that Glacier Media Inc. will post 0.07 earnings per share for the current year.

About Glacier Media

Glacier Media Inc offers information and marketing solutions. It operates in three segments Environmental, Property and Financial Information; Commodity Information; and Community Media. Environmental, Property and Financial Information includes the company’s business to business content, marketing solutions and data information products that are environmental, and property-related. The Commodity Information includes the business-to-business content, marketing solutions and data information products which are agriculture, energy and mining-related.