Journey Energy Inc. made its debut on the TSX on June 19 with a $198-million IPO. Unfortunately, that was 3 days after the TSX energy benchmark had put in a multi-year peak. The stock has been under pressure this fall but the company's two top officers have been buying as the slide gathered steam. Over the last 30 days, CEO Alex Verge bought 144,100 shares at an average price of $8.30 while CFO Gerald Gilewicz bought 4,050 shares at an average price of $8.64.
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.
Infographic reflects public-market transactions of common shares or unit trusts by company officers and directors.