MESIROW FINANCIAL INVESTMENT MANAGEMENT Fixed Income reduced its stake in shares of Greenfire Resources Ltd. (NYSE:GFR - Free Report) by 42.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 403,690 shares of the company's stock after selling 302,768 shares during the quarter. Greenfire Resources comprises 2.9% of MESIROW FINANCIAL INVESTMENT MANAGEMENT Fixed Income's portfolio, making the stock its 9th biggest position. MESIROW FINANCIAL INVESTMENT MANAGEMENT Fixed Income owned 0.59% of Greenfire Resources worth $1,962,000 as of its most recent filing with the Securities and Exchange Commission.
Separately, K2 Principal Fund L.P. bought a new position in shares of Greenfire Resources during the third quarter worth about $226,000. 88.89% of the stock is currently owned by hedge funds and other institutional investors.
Greenfire Resources Stock Performance
NYSE GFR traded up $0.10 during trading on Friday, hitting $5.98. The stock had a trading volume of 54,448 shares, compared to its average volume of 19,231. The company has a current ratio of 1.26, a quick ratio of 1.15 and a debt-to-equity ratio of 0.49. Greenfire Resources Ltd. has a 12 month low of $4.68 and a 12 month high of $9.90. The company's 50-day moving average price is $5.84 and its two-hundred day moving average price is $5.72.
Greenfire Resources (NYSE:GFR - Get Free Report) last issued its quarterly earnings data on Wednesday, March 20th. The company reported ($0.05) earnings per share (EPS) for the quarter. The business had revenue of $118.81 million for the quarter.
About Greenfire Resources
(
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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