Greenland Mines Ltd. Common Stock (NASDAQ:GRML - Get Free Report) Director Jason David Sawyer acquired 240,000 shares of the stock in a transaction that occurred on Wednesday, July 22nd. The stock was purchased at an average price of $0.23 per share, with a total value of $55,200.00. Following the transaction, the director owned 240,000 shares in the company, valued at $55,200. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Greenland Mines Ltd. Common Stock Trading Up 4.0%
GRML stock opened at $0.20 on Wednesday. The business's 50-day moving average price is $0.27 and its two-hundred day moving average price is $0.37. Greenland Mines Ltd. Common Stock has a 1-year low of $0.16 and a 1-year high of $1.12. The firm has a market cap of $27.46 million, a PE ratio of -0.62 and a beta of 7.05.
Greenland Mines Ltd. Common Stock (NASDAQ:GRML - Get Free Report) last announced its earnings results on Wednesday, May 20th. The company reported ($0.15) earnings per share for the quarter.
Analyst Ratings Changes
Several research analysts have weighed in on the company. Weiss Ratings raised Greenland Mines Ltd. Common Stock from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Wednesday, July 15th. Wall Street Zen raised Greenland Mines Ltd. Common Stock to a "sell" rating in a report on Saturday, May 2nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of "Sell".
View Our Latest Report on GRML
Institutional Investors Weigh In On Greenland Mines Ltd. Common Stock
Several hedge funds have recently bought and sold shares of the company. Jane Street Group LLC bought a new position in Greenland Mines Ltd. Common Stock during the second quarter worth about $26,000. Brummer Multi Strategy AB bought a new stake in Greenland Mines Ltd. Common Stock in the fourth quarter valued at approximately $175,000. Geode Capital Management LLC raised its stake in Greenland Mines Ltd. Common Stock by 51.8% in the fourth quarter. Geode Capital Management LLC now owns 491,832 shares of the company's stock valued at $142,000 after buying an additional 167,905 shares during the period. Renaissance Technologies LLC acquired a new stake in shares of Greenland Mines Ltd. Common Stock in the fourth quarter valued at approximately $126,000. Finally, XTX Topco Ltd lifted its position in shares of Greenland Mines Ltd. Common Stock by 101.2% in the fourth quarter. XTX Topco Ltd now owns 160,569 shares of the company's stock valued at $46,000 after buying an additional 80,768 shares during the last quarter. 20.07% of the stock is currently owned by institutional investors and hedge funds.
Greenland Mines Ltd. Common Stock Company Profile
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Get Free Report)
Greenland Mines Ltd develops essential medicines for the treatment of chronic diseases - cancer, cardiovascular, and neurodegenerative disorders. The Company operates as a single reporting segment focused on developing essential medicines for these chronic diseases. The Company has acquired two licensed platforms: a generic drug portfolio and a biosimilar biologics platform that uses biologic therapies to treat cancer, and proprietary patented technologies involving melanocortin receptor-binding molecules and a gene therapy platform that introduces a therapeutic protein called Klotho inside the body to treat neurodegenerative diseases.
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