The Canadian stocks we’ve found have seen recent buying from insiders during the month of September
SmallCapPower | October 5, 2021: Insiders are defined as company management or individuals or institutions that own more than 10% of a company’s shares. Today we have found three Canadian stocks with significant insider buying over the past month. The insiders we have identified are institutional investors, company directors or board members, which have added to their positions.
*Share price data and other metrics as of September 10, 2021
Augusta Gold Corp. (TSX:G) – $1.45
Gold Mining
Augusta Gold is a rapidly growing exploration and development company focused on delivering long-term stakeholder value through developing the Bullfrog Gold Project as one of the next operating mines in Nevada and pursuing further value enhancing M&A opportunities. The Bullfrog Gold Project is in the prolific Bullfrog district approximately 120 miles north-west of Las Vegas, Nevada. The Company controls approximately 3,157 hectares (7,800 acres) of mineral rights including the Bullfrog and Montgomery-Shoshone deposits and has identified additional mineralization around the existing pits and defined several exploration targets that could further enhance the Project.
- Insider Name: Earle, Daniel
- Insider Role: Director
- Number of Shares: 100,000
- Share Price Paid: $1.30
- Total Transaction Value: $130,000
- Market Cap: $94.7M
- 30-Day Return: -9.4%
- YTD-Return: -40.3%
- 30-Day Average Trading Volume: 28,240
Exco Technologies Limited (TSX:XTC) – $9.90
Auto Parts
Exco Technologies is a global supplier of innovative technologies servicing the die-cast, extrusion and automotive industries. The Company has two primary business segments: Casting and Extrusion, and Automotive Solutions. Exco’s Large Mould, Extrusion and Castool groups design, develop and manufacture die-casting and extrusion tooling and equipment. Operations are based in Canada, U.S., Mexico, Colombia, Brazil and Thailand and primarily serve the automotive and industrial end markets around the world. The Company’s Automotive Solutions Group designs, develops and manufactures automotive interior trim components and assemblies for passenger and light truck vehicles.
- Insider Name: Kernaghan, Edward Hume
- Insider Role: Director
- Number of Shares: 10,000
- Share Price Paid: $10.00
- Total Transaction Value: $100,000
- Market Cap: $388.8M
- 30-Day Return: -3.2%
- YTD-Return: +7.3%
- 30-Day Average Trading Volume: 24,920
Fortress Technologies Inc. (TSXV:FORT) – $0.57
Bitcoin Mining
Fortress Technologies is a Bitcoin company that develops and operates world-class Bitcoin mining infrastructure. Fortress believes sound money and cheap, abundant energy are the fundamental ingredients to human progress, and is committed to advancing both by working closely with the energy sector to secure the Bitcoin network. The Company owns 72 PH/s across three sites in Oklahoma, North Dakota, and Washington, with an additional 106 PH/s expected to be delivered by Q4 2021. Fortress is focused on expanding its portfolio of hash rate through a diversified approach to site selection and operations, utilizing multiple energy sources across various jurisdictions.
- Insider Name: Scalia, Antonin
- Insider Role: CEO
- Number of Shares: 93,372
- Share Price Paid: $0.40
- Total Transaction Value: $37,349
- Market Cap: $48.2M
- 30-Day Return: +16.3%
- YTD-Return: +142.6%
- 30-Day Average Trading Volume: 597,940
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
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