Us Geothermal Inc (HTM): Dennis J. Gilles , Chief Executive Officer of Us Geothermal Inc sold 66,008 shares on Jun 15, 2016. The Insider selling transaction was reported by the company on Jun 16, 2016 to the Securities and Exchange Commission. The shares were sold at $0.78 per share for a total value of $51,222.21 , 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 13, 2016, Douglas J Glaspey (President and COO) sold 30,000 shares at $0.82 per share price.On Jun 7, 2016, Jonathan Zurkoff (Treasurer & Exec. VP, Finance) sold 100,000 shares at $0.79 per share price.Also, On May 25, 2016, Kerry D Hawkley (CFO and Corporate Secretary) sold 100,000 shares at $0.76 per share price.On Jun 16, 2015, Dennis J. Gilles (CEO) purchased 40,000 shares at $0.54 per share price.
Shares of US Geothermal Inc (HTM) ended Wednesday, Jun 15, 2016 session in red amid volatile trading. The shares closed down -0.0051 points or -0.64% at $0.7899 with 1,38,930 shares getting traded. Post opening the session at $0.788, the shares hit an intraday low of $0.78 and an intraday high of $0.8 and the price vacillated in this range throughout the day. The company has a market cap of $88 M and the number of outstanding shares has been calculated to be 11,15,29,742 shares. The 52-week high of US Geothermal Inc is $0.87 and the 52-week low is $0.4825.
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.