We revisit Dollarama, which we last featured on April 25, 2015.
Since our last report, the share price went on to set an all-time high of $104.94 on Sept. 30 of this year. Over the period it is up about 43 per cent, ahead of both the S&P/TSX Composite Index (off 4 per cent) and the INK Canadian Insider Index (up 3 per cent). This month, the stock has been giving up ground. However, a director taken the mark down as a buying opportunity, picking up 700 shares at an average price of $102.95 last Friday.
Disclaimer:
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.
Graph Footnote:
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.