Greenland Mines Ltd. Common Stock (NASDAQ:GRML) Director Riad Hussein El-Dada Sells 3,500 Shares of Stock

Greenland Mines Ltd. Common Stock (NASDAQ:GRML) Director Riad Hussein El-Dada sold 3,500 shares of the stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $9.35, for a total value of $32,725.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Greenland Mines Ltd. Common Stock Stock Down 6.9%

GRML traded down $0.54 on Monday, reaching $7.34. The company’s stock had a trading volume of 4,688,070 shares, compared to its average volume of 23,797,332. The company has a market capitalization of $23.32 million, a price-to-earnings ratio of -0.64 and a beta of 6.26. Greenland Mines Ltd. Common Stock has a fifty-two week low of $2.82 and a fifty-two week high of $36.99. The stock has a 50 day moving average of $8.00 and a two-hundred day moving average of $15.04.

Greenland Mines Ltd. Common Stock (NASDAQ:GRML) last issued its quarterly earnings data on Monday, August 17th. The company reported ($0.03) earnings per share for the quarter.

Hedge Funds Weigh In On Greenland Mines Ltd. Common Stock

A hedge fund recently bought a new stake in Greenland Mines Ltd. Common Stock stock. State Street Corp purchased a new stake in Greenland Mines Ltd. Common Stock (NASDAQ:GRML) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 302,500 shares of the company’s stock, valued at approximately $79,000. State Street Corp owned about 9.51% of Greenland Mines Ltd. Common Stock at the end of the most recent reporting period. 20.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on GRML shares. Weiss Ratings raised shares of Greenland Mines Ltd. Common Stock from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, September 24th. Wall Street Zen raised Greenland Mines Ltd. Common Stock to a “sell” rating in a report on Saturday, August 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Greenland Mines Ltd. Common Stock Company Profile

Klotho Neurosciences, Inc, a biopharmaceutical company, develops therapies for neurological and age-related disorders, and specialty diagnostics. Its products include cell and gene therapies to mitigate age-related pathologies, such as dementia symptoms, and Alzheimer and neuromuscular diseases; biologics/biosimilars in the treatment of cancer; and melanocortin receptors. The company has a strategic partnership with Japan’s Okinawa Research Center for the research and development of Klotho gene therapy in enhancing longevity and reducing age-related diseases.