The Chief Financial Officer of Elysee Development is Exercising Options

Today it was reported that the Chief Financial Officer of Elysee Development (ASXSF), Gordon Steblin, exercised options to sell 10,000 ASXSF shares for a total transaction value of $6,100.

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Based on Elysee Development’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $2.49 million and quarterly net profit of $2.33 million. In comparison, last year the company earned revenue of $20.81K and had a GAAP net loss of $77.34K. The company has a one-year high of $0.55 and a one-year low of $0.19.

In the last 30 days, insiders have sold $6,100 worth of ASXSF shares and purchased $2,900 worth of ASXSF shares. The insider sentiment on Elysee Development has been negative according to 24 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Elysee Development Corp. is a diversified investment and venture capital firm which focuses on natural resources. Its portfolio consists of equity investments in small to medium sized public companies, with a focus on precious metals and includes investments in convertible debentures of resource companies that provide security of capital and regular income along with participation in the potential for appreciation as the sector improves. The company was founded on September 6, 1996 and is headquartered in Vancouver, Canada.

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