Hemisphere Energy (CVE:HME) Insider Acquires C$64,468.00 in Stock

Hemisphere Energy Co. (CVE:HME) insider Ashley Ramsden-Wood bought 28,400 shares of the stock in a transaction dated Wednesday, November 4th. The stock was purchased at an average cost of C$2.27 per share, for a total transaction of C$64,468.00. Following the acquisition, the insider owned 2,378,200 shares in the company, valued at C$5,398,514. The trade was a 1.21% increase in their position.

Ashley Ramsden-Wood also recently made the following trade(s):

• On Thursday, November 5th, Ashley Ramsden-Wood bought 26,600 shares of Hemisphere Energy stock. The shares were purchased at an average price of C$2.25 per share, with a total value of C$59,850.00.

Hemisphere Energy Trading Up 0.9%

Shares of HME stock opened at C$2.25 on Thursday. The company has a market capitalization of C$212.06 million, a P/E ratio of 6.62 and a beta of 0.05. Hemisphere Energy Co. has a 12-month low of C$1.83 and a 12-month high of C$3.08. The company has a quick ratio of 0.73, a current ratio of 3.40 and a debt-to-equity ratio of 2.87. The firm has a 50-day moving average price of C$2.26 and a 200 day moving average price of C$2.50.

Hemisphere Energy Company Profile

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.