Greenland Energy (NASDAQ:GLND – Get Free Report) released its quarterly earnings results on Wednesday. The company reported ($0.04) earnings per share (EPS) for the quarter, FiscalAI reports.
Greenland Energy Stock Performance
GLND traded down $0.05 during midday trading on Wednesday, reaching $2.96. The company’s stock had a trading volume of 1,065,109 shares, compared to its average volume of 2,527,888. Greenland Energy has a 1 year low of $2.69 and a 1 year high of $23.00.
Insider Activity at Greenland Energy
In related news, Director Larry G. Swets, Jr. bought 25,000 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were purchased at an average cost of $2.79 per share, with a total value of $69,750.00. Following the completion of the purchase, the director owned 500,000 shares in the company, valued at approximately $1,395,000. The trade was a 5.26% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
About Greenland Energy
Greenland Energy Company operates as an early-stage oil and gas exploration company. It focuses on the Jameson Land Basin in East Greenland. The company is based in Denver, Colorado.
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