Insider Buying: Glacier Media Inc. (TSE:GVC) Senior Officer Purchases 111,462 Shares of Stock

Glacier Media Inc. (TSE:GVC) Senior Officer Mark Thomas Melville bought 111,462 shares of Glacier Media stock in a transaction that occurred on Friday, May 24th. The shares were acquired at an average cost of C$0.10 per share, with a total value of C$11,146.20.

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

• On Tuesday, May 21st, Mark Thomas Melville bought 100,000 shares of Glacier Media stock. The stock was bought at an average price of C$0.10 per share, with a total value of C$9,500.00.
• On Friday, May 17th, Mark Thomas Melville purchased 40,000 shares of Glacier Media stock. The shares were bought at an average cost of C$0.10 per share, for a total transaction of C$3,800.00.
• On Wednesday, March 27th, Mark Thomas Melville acquired 54,000 shares of Glacier Media stock. The shares were acquired at an average price of C$0.10 per share, with a total value of C$5,130.00.

Glacier Media Price Performance

Glacier Media stock remained flat at C$0.10 during mid-day trading on Friday. The company’s stock had a trading volume of 110,500 shares, compared to its average volume of 59,910. Glacier Media Inc. has a 52-week low of C$0.07 and a 52-week high of C$0.22. The firm has a market cap of C$13.11 million, a P/E ratio of -0.13 and a beta of 0.68. The company has a 50 day moving average price of C$0.09 and a 200 day moving average price of C$0.10. The company has a debt-to-equity ratio of 22.89, a quick ratio of 1.23 and a current ratio of 0.70.

Glacier Media (TSE:GVC) last issued its quarterly earnings results on Friday, March 22nd. The company reported C($0.55) earnings per share (EPS) for the quarter. Glacier Media had a negative net margin of 65.43% and a negative return on equity of 89.72%. The firm had revenue of C$35.71 million for the quarter. On average, analysts expect that Glacier Media Inc. will post 0.07 earnings per share for the current fiscal year.

About Glacier Media

Glacier Media Inc operates as an information and marketing solutions company in Canada and the United States. It operates through three segments: Environmental and Property Information; Commodity Information; and Community Media. The Environmental and Property Information segment offers environmental risk data and related products to environmental consultants, CRE brokers, financial institutions, and insurance companies; and produces digital audit guides and compliance tools for use in environmental health and safety audits.