Hillsdale Investment Management Inc. purchased a new position in shares of Greenfire Resources Ltd. (NYSE:GFR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 163,907 shares of the company's stock, valued at approximately $1,155,000. Hillsdale Investment Management Inc. owned about 0.24% of Greenfire Resources as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. purchased a new position in Greenfire Resources in the 3rd quarter valued at $29,000. Northwest & Ethical Investments L.P. purchased a new position in shares of Greenfire Resources in the fourth quarter worth about $45,000. The Manufacturers Life Insurance Company acquired a new position in Greenfire Resources during the third quarter worth about $82,000. Jane Street Group LLC purchased a new stake in Greenfire Resources during the 3rd quarter valued at about $111,000. Finally, Walleye Capital LLC acquired a new stake in Greenfire Resources in the 3rd quarter valued at about $278,000. 88.89% of the stock is owned by hedge funds and other institutional investors.
Greenfire Resources Price Performance
GFR traded up $0.20 during trading on Thursday, reaching $5.56. The company's stock had a trading volume of 32,450 shares, compared to its average volume of 91,859. The company has a market cap of $386.24 million, a price-to-earnings ratio of 15.89 and a beta of 0.29. The firm has a fifty day simple moving average of $6.05 and a two-hundred day simple moving average of $6.79. Greenfire Resources Ltd. has a 1 year low of $4.82 and a 1 year high of $8.16. The company has a quick ratio of 0.58, a current ratio of 0.67 and a debt-to-equity ratio of 0.30.
Greenfire Resources (NYSE:GFR - Get Free Report) last announced its quarterly earnings data on Monday, March 17th. The company reported $0.78 EPS for the quarter. The firm had revenue of $149.31 million for the quarter. Greenfire Resources had a return on equity of 5.40% and a net margin of 5.02%.
Greenfire Resources Company Profile
(
Free Report)
Greenfire Resources Ltd., together with its subsidiaries, engages in the development, exploration, and operation of oil and gas properties in the Athabasca oil sands region of Alberta. The company operates the Tier-1 oil sands assets located in Western Canada. It utilizes steam-assisted gravity drainage (SAGD) extraction technology, a situ thermal oil recovery process to recover diluted and non- diluted bitumen.
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