Glacier Media (TSE:GVC) Announces Quarterly Earnings Results

Glacier Media (TSE:GVC) released its quarterly earnings results on Tuesday. The company reported C$0.04 earnings per share for the quarter, FiscalAI reports. The firm had revenue of C$30.23 million during the quarter. Glacier Media had a negative return on equity of 89.90% and a negative net margin of 63.78%.

Glacier Media Price Performance

Shares of GVC stock remained flat at C$0.36 during trading on Thursday. 23,000 shares of the stock were exchanged, compared to its average volume of 44,208. The firm’s 50 day moving average is C$0.34 and its two-hundred day moving average is C$0.33. 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 stock has a market capitalization of C$47.21 million, a P/E ratio of 5.22 and a beta of 0.61. Glacier Media has a twelve month low of C$0.09 and a twelve month high of C$0.37.

Insider Buying and Selling

In other Glacier Media news, insider Mark Thomas Melville bought 95,500 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The stock was acquired at an average price of C$0.34 per share, with a total value of C$32,470.00. Following the completion of the transaction, 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. Insiders own 61.79% of the company’s stock.

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.