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

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

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

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

Hemisphere Energy Stock Down 2.6%

Shares of CVE HME opened at C$2.22 on Tuesday. The stock has a market cap of C$209.24 million, a P/E ratio of 6.53 and a beta of 0.05. The business’s fifty day simple moving average is C$2.26 and its 200-day simple moving average is C$2.50. Hemisphere Energy Co. has a 12-month low of C$1.83 and a 12-month high of C$3.08. The company has a current ratio of 3.40, a quick ratio of 0.73 and a debt-to-equity ratio of 2.87.

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.