Inmet's Cobre Panama project
Today we take a look at insider buying at global industrial metals producer Inmet Mining Corp. . Inmet tried to merge with Lundin Mining earlier this year but the deal fell apart at the end of March. However, insiders at Inmet were buying last month. During May, three directors spent a combined total of $466,680 buying shares in the public market. The most recent purchase took place on May 27 when Wolf Seidler bought 600 shares at $66.25.
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 at www.inkresearch.com . 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.