NanoXplore (TSE:GRA) Insider Purchases 10,000 Shares

NanoXplore Inc. (TSE:GRA) insider Cliff Wagner purchased 10,000 shares of the business’s stock in a transaction dated Thursday, July 30th. The stock was bought at an average price of C$1.50 per share, for a total transaction of C$15,000.00. Following the completion of the acquisition, the insider directly owned 25,800 shares in the company, valued at approximately C$38,700. This trade represents a 63.29% increase in their position.

NanoXplore Stock Up 1.3%

Shares of GRA traded up C$0.02 during trading hours on Thursday, hitting C$1.51. The company had a trading volume of 215,660 shares, compared to its average volume of 193,674. The company has a current ratio of 2.87, a quick ratio of 2.01 and a debt-to-equity ratio of 40.07. The company has a market capitalization of C$274.05 million, a PE ratio of -18.88 and a beta of -0.04. NanoXplore Inc. has a one year low of C$1.38 and a one year high of C$3.34. The company’s fifty day moving average price is C$1.69 and its two-hundred day moving average price is C$2.01.

NanoXplore (TSE:GRA) last issued its quarterly earnings data on Wednesday, May 13th. The company reported C($0.01) earnings per share for the quarter. NanoXplore had a negative net margin of 10.91% and a negative return on equity of 11.76%. The company had revenue of C$32.35 million for the quarter. As a group, equities analysts forecast that NanoXplore Inc. will post 0.02 earnings per share for the current fiscal year.

About NanoXplore

NanoXplore Inc is a graphene company, manufacturer, and supplier of high-volume graphene powder for use in industrial markets. The company provides graphene-enhanced plastic and composite products to various customers in transportation, packaging, electronics, and other industrial sectors. Geographically, it generates a majority of revenue from the United States.