Glacier Media (TSE:GVC) Insider Mark Thomas Melville Acquires 95,500 Shares of Stock

Glacier Media Inc. (TSE:GVC) insider Mark Thomas Melville bought 95,500 shares of the stock in a transaction on Tuesday, June 30th. The shares were acquired at an average cost of C$0.34 per share, for a total transaction of C$32,470.00. Following the completion of the transaction, the insider directly owned 359,864 shares of the company’s stock, valued at approximately C$122,353.76. The trade was a 36.12% increase in their ownership of the stock.

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

• On Thursday, May 14th, Mark Thomas Melville purchased 63,235 shares of Glacier Media stock. The stock was bought at an average cost of C$0.34 per share, with a total value of C$21,499.90.

Glacier Media Stock Performance

GVC opened at C$0.35 on Thursday. The company has a market cap of C$45.90 million, a PE ratio of 5.08 and a beta of 0.52. The stock has a 50-day moving average of C$0.34 and a 200-day moving average of C$0.32. Glacier Media Inc. has a 52-week low of C$0.09 and a 52-week high of C$0.37. The company has a debt-to-equity ratio of 21.58, a quick ratio of 1.23 and a current ratio of 0.78.

Glacier Media (TSE:GVC) last issued its quarterly earnings data on Thursday, May 7th. The company reported C($0.01) earnings per share for the quarter. The company had revenue of C$29.84 million during the quarter. Glacier Media had a negative net margin of 63.78% and a negative return on equity of 89.90%. As a group, equities research analysts forecast that Glacier Media Inc. will post 0.07 earnings per share for the current fiscal year.

About Glacier Media

Glacier Media Inc offers information and marketing solutions. It operates in three segments Environmental, Property and Financial Information; Commodity Information; and Community Media. Environmental, Property and Financial Information includes the company’s business to business content, marketing solutions and data information products that are environmental, and property-related. The Commodity Information includes the business-to-business content, marketing solutions and data information products which are agriculture, energy and mining-related.