Insider Buying: BluMetric Environmental (CVE:BLM) Insider Acquires 24,000 Shares of Stock

BluMetric Environmental Inc. (CVE:BLM) insider John Daniel Hilton bought 24,000 shares of the company’s stock in a transaction on Friday, May 29th. The stock was bought at an average cost of C$0.85 per share, with a total value of C$20,400.00. Following the completion of the acquisition, the insider owned 487,452 shares of the company’s stock, valued at C$414,334.20. This represents a 5.18% increase in their position.

John Daniel Hilton also recently made the following trade(s):

• On Tuesday, May 19th, John Daniel Hilton acquired 926 shares of BluMetric Environmental stock. The shares were acquired at an average cost of C$0.89 per share, with a total value of C$824.14.

BluMetric Environmental Price Performance

Shares of BLM traded up C$0.10 during mid-day trading on Friday, reaching C$0.85. 416,791 shares of the company’s stock were exchanged, compared to its average volume of 82,251. The company has a quick ratio of 3.08, a current ratio of 1.46 and a debt-to-equity ratio of 25.01. The company has a 50-day simple moving average of C$0.92 and a two-hundred day simple moving average of C$1.21. BluMetric Environmental Inc. has a 52-week low of C$0.71 and a 52-week high of C$1.75. The company has a market cap of C$46.40 million, a price-to-earnings ratio of -12.14 and a beta of 0.24.

BluMetric Environmental Company Profile

BluMetric Environmental Inc provides solutions for environmental issues worldwide. The company offers professional services in the fields of environmental geosciences and engineering, industrial hygiene, occupational health and safety, renewable energy, water and wastewater treatment, and environmental contracting and management. It also provides environmental site assessment and remediation services, environmental engineering solutions, occupational hygiene and safety, geomatics, and fabrication and operation support services.