Gold prices bounce off 3-week lows; demand likely longer term
Edward J. Schutter, a director at TerrAscend Corp. (OTC:TSNDF), a cannabis company with a market capitalization of $130 million, has acquired a substantial number of the company’s common shares, according to a recent filing with the Securities and Exchange Commission. According to InvestingPro data, the stock is currently trading below its Fair Value, with analysts setting a price target of $1.50. On May 12, 2025, Schutter purchased 1,041,021 shares at a weighted average price of $0.39 per share, amounting to a total transaction value of $405,998. The transactions occurred at prices ranging from $0.37 to $0.43 per share. Following this acquisition, Schutter now holds a total of 2,577,396 shares directly. InvestingPro analysis reveals the stock has declined significantly over the past year, though analysts expect both sales growth and profitability in the current year. Subscribers can access 8 additional ProTips and detailed financial metrics on the platform.
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