Us Geothermal Inc (HTM) Files Form 4 Insider Selling : Douglas J Glaspey Sells 40,000 Shares

Us Geothermal Inc (HTM): Douglas J Glaspey , President and COO of Us Geothermal Inc sold 40,000 shares on Jun 7, 2016. The Insider selling transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were sold at $0.85 per share for a total value of $33,880.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 7, 2016, Jonathan Zurkoff (Treasurer & Exec. VP, Finance) sold 100,000 shares at $0.79 per share price.On May 25, 2016, Kerry D Hawkley (CFO and Corporate Secretary) sold 100,000 shares at $0.76 per share price.Also, On Jun 16, 2015, Dennis J. Gilles (CEO) purchased 40,000 shares at $0.54 per share price.On Jun 4, 2015, John H Walker (Chairman of the Board) purchased 21,500 shares at $0.50 per share price.

US Geothermal Inc: On Friday, Jun 3, 2016 heightened volatility was witnessed in US Geothermal Inc which led to swings in the share price. The shares opened for trading at $0.7852 and hit $0.8 on the upside , eventually ending the session at $0.799, with a gain of 1.14% or 0.009 points. The heightened volatility saw the trading volume jump to 2,32,134 shares. The 52-week high of the share price is $0.825 and the company has a market cap of $89 M . The 52-week low of the share price is at $0.4825.

US Geothermal Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.US Geothermal Inc is Initiated by Aegis Capital to Buy. The Rating was issued on Apr 25, 2016.US Geothermal Inc is Initiated by ROTH Capital to Buy and the brokerage firm has set the Price Target at $0.90. The Rating was issued on Mar 29, 2016.

U.S. Geothermal Inc. is a renewable energy company focused on the development production and sale of electricity from geothermal energy. The company is operating geothermal power projects at Neal Hot Springs Oregon San Emidio Nevada and Raft River Idaho for a total power generation of approximately 45 megawatts. The Company is also developing projects at The Geysers California; a second phase project at San Emidio Nevada; the El Ceibillo project located near Guatemala City Guatemala and at Crescent Valley Nevada. United States.

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