Hemisphere Energy (CVE:HME) Insider Acquires C$59,850.00 in 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 acquired at an average cost of C$2.25 per share, with a total value of C$59,850.00. Following the acquisition, the insider directly owned 2,404,800 shares of the company’s stock, valued at C$5,410,800. This 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 purchased at an average price of C$2.27 per share, with a total value of C$64,468.00.

Hemisphere Energy Trading Down 2.6%

Shares of CVE HME traded down C$0.06 during midday trading on Monday, reaching C$2.22. The company had a trading volume of 136,271 shares, compared to its average volume of 203,796. The firm’s fifty day moving average price is C$2.26 and its 200-day moving average price is C$2.50. Hemisphere Energy Co. has a one year low of C$1.83 and a one year high of C$3.08. The stock has a market cap of C$209.24 million, a PE ratio of 6.53 and a beta of 0.05. The company has a quick ratio of 0.73, a current ratio of 3.40 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.