Glacier Media (TSE:GVC) Issues Earnings Results

Glacier Media (TSE:GVC) announced its earnings results on Tuesday. The company reported C$0.04 earnings per share for the quarter, FiscalAI reports. Glacier Media had a negative return on equity of 89.90% and a negative net margin of 63.78%.The business had revenue of C$30.23 million for the quarter.

Glacier Media Stock Performance

Shares of TSE GVC remained flat at C$0.34 during midday trading on Tuesday. The stock had a trading volume of 2,602 shares, compared to its average volume of 44,403. Glacier Media has a 52 week low of C$0.09 and a 52 week high of C$0.37. The company has a current ratio of 0.78, a quick ratio of 1.23 and a debt-to-equity ratio of 21.58. The stock has a market capitalization of C$44.58 million, a P/E ratio of 4.93 and a beta of 0.61. The firm has a 50-day moving average price of C$0.35 and a two-hundred day moving average price of C$0.33.

Insiders Place Their Bets

In related news, insider Mark Thomas Melville bought 95,500 shares of the stock in a transaction that occurred on Tuesday, June 30th. The shares were acquired at an average cost of C$0.34 per share, with a total value of C$32,470.00. Following the completion of the purchase, the insider directly owned 359,864 shares of the company’s stock, valued at C$122,353.76. This trade represents a 36.12% increase in their position. 61.79% of the stock is owned by corporate insiders.

Glacier Media Company Profile

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.