Trade Report: The General Moly Inc. (GMO) CEO Acquires $10,400.00 in Stock

The General Moly Inc. (GMO) CEO Acquires $10,400.00 in Stock

General Moly Inc. (NYSEMKT:GMO) CEO Bruce D. Hansen bought 40,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 13th. The shares were purchased at an average cost of $0.26 per share, with a total value of $10,400.00. Following the purchase, the chief executive officer now directly owns 2,841,683 shares of the company’s stock, valued at $738,837.58. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

General Moly Inc. (NYSEMKT:GMO) traded up 0.9804% during trading on Friday, hitting $0.2575. The company had a trading volume of 96,518 shares. The company’s market capitalization is $28.47 million. The firm has a 50-day moving average of $0.29 and a 200 day moving average of $0.34. General Moly Inc. has a 12-month low of $0.15 and a 12-month high of $0.47.

General Moly (NYSEMKT:GMO) last issued its quarterly earnings data on Monday, August 8th. The company reported ($0.02) earnings per share (EPS) for the quarter. On average, equities research analysts forecast that General Moly Inc. will post ($0.07) earnings per share for the current year.

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