In a filing, Granite Ridge Resources Inc revealed its Director Everard Michele J acquired Company’s shares for reported $5330.0 on Aug 12 ’25. In the deal valued at $5.33 per share,1,000 shares were bought. As a result of this transaction, Everard Michele J now holds 50,117 shares worth roughly $0.27 million.
Then, Miller Matthew Reade bought 18,700 shares, generating $100,232 in total proceeds. Upon buying the shares at $5.36, the Director now owns 1,284,064 shares.
Before that, Miller Matthew Reade bought 544 shares. Granite Ridge Resources Inc shares valued at $3,253 were divested by the Director at a price of $5.98 per share. As a result of the transaction, Miller Matthew Reade now holds 1,262,421 shares, worth roughly $6.79 million.
CapitalOne downgraded its Granite Ridge Resources Inc [GRNT] rating to an Equal weight from a an Overweight in a research note published recently. ROTH MKM began covering GRNT with “Buy” recommendation on May 15, 2024. BofA Securities started covering the stock on November 07, 2023. It rated GRNT as “a Buy”.
Price Performance Review of GRNT
On Tuesday, Granite Ridge Resources Inc [NYSE:GRNT] saw its stock jump 2.48% to $5.38. Over the last five days, the stock has gained 11.39%. Granite Ridge Resources Inc shares have fallen nearly -13.37% since the year began. Nevertheless, the stocks have fallen -16.72% over the past one year. While a 52-week high of $7.00 was reached on 01/10/25, a 52-week low of $4.52 was recorded on 04/07/25.
Levels Of Support And Resistance For GRNT Stock
The 24-hour chart illustrates a support level at 5.26, which if violated will result in even more drops to 5.14. On the upside, there is a resistance level at 5.46. A further resistance level may holdings at 5.55.
How much short interest is there in Granite Ridge Resources Inc?
A steep rise in short interest was recorded in Granite Ridge Resources Inc stocks on 2025-07-31, growing by 66507.0 shares to a total of 3.08 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-30 was 3.02 million shares. There was a rise of 2.16%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 27, 2023 when Stephens began covering the stock and recommended ‘”an Overweight”‘ rating along with a $8 price target.
