Today we look at Peru-focused Dynacor Gold Mines Inc., which is up about 20 per cent over the past 90 days. Despite the run-up in the stock, a director has been buying shares recently.
From Dec. 21 to Jan. 4, Jean Depatie acquired a total of 15,000 common shares on a direct-ownership basis at an average price of $1.80.
One of the factors that may be driving insider interest is the stock's mostly sunny valuations. For example, according to Thomson Reuters data, it trades at a 0.6 price to sales ratio.
Ted Dixon is CEO of INK Research, which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Infographic reflects public-market transactions of common shares or unit trusts by company officers and directors.