Glacier Media (TSE:GVC) Insider Mark Thomas Melville Acquires 95,500 Shares

Glacier Media Inc. (TSE:GVC) insider Mark Thomas Melville purchased 95,500 shares of the business’s stock in a transaction on Tuesday, June 30th. The shares were purchased 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 approximately C$122,353.76. This trade represents a 36.12% increase in their ownership of the stock.

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 shares were acquired at an average cost of C$0.34 per share, with a total value of C$21,499.90.

Glacier Media Price Performance

Shares of TSE:GVC remained flat at C$0.35 during trading on Wednesday. 106,000 shares of the stock traded hands, compared to its average volume of 50,359. The company has a 50 day simple moving average of C$0.34 and a 200-day simple moving average of C$0.32. Glacier Media Inc. has a 52-week low of C$0.09 and a 52-week high of C$0.37. The company has a current ratio of 0.78, a quick ratio of 1.23 and a debt-to-equity ratio of 21.58. The firm has a market cap of C$45.90 million, a price-to-earnings ratio of 5.08 and a beta of 0.52.

Glacier Media (TSE:GVC) last announced its earnings results on Thursday, May 7th. The company reported C($0.01) earnings per share (EPS) for the quarter. Glacier Media had a negative net margin of 63.78% and a negative return on equity of 89.90%. The business had revenue of C$29.84 million for the quarter. As a group, research 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.