Insider Buying: Greenland Energy (NASDAQ:GLND) Director Purchases 20,000 Shares of Stock

Key Points

  • Greenland Energy director Larry Swets, Jr. bought 20,000 shares on May 21 at an average price of $2.66, spending $53,200. The purchase increased his ownership by 3.81% to 545,000 shares.
  • The stock opened at $2.73 and has traded between a 52-week low of $2.55 and a 52-week high of $23.00.
  • Greenland Energy recently reported a quarterly loss of $0.04 per share and remains an early-stage oil and gas exploration company focused on the Jameson Land Basin in East Greenland.

Greenland Energy Co (NASDAQ:GLND - Get Free Report) Director Larry Swets, Jr. purchased 20,000 shares of the stock in a transaction dated Thursday, May 21st. The stock was bought at an average cost of $2.66 per share, with a total value of $53,200.00. Following the transaction, the director owned 545,000 shares in the company, valued at $1,449,700. The trade was a 3.81% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Greenland Energy Stock Performance

GLND opened at $2.73 on Friday. Greenland Energy Co has a 1 year low of $2.55 and a 1 year high of $23.00.

Greenland Energy (NASDAQ:GLND - Get Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The company reported ($0.04) earnings per share (EPS) for the quarter.

Greenland Energy Company Profile

(Get Free Report)

Greenland Energy Company operates as an early-stage oil and gas exploration company. It focuses on the Jameson Land Basin in East Greenland. The company is based in Denver, Colorado.

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