The TSX-listed small cap Canadian stocks we’ve discovered have seen notable recent insider buying over the past two weeks
SmallCapPower | May 25, 2021: Insiders are defined as company management, individuals or institutions that own more than 10% of a company’s shares. Today, we have found four TSX-listed Canadian stocks with significant insider buying over the past 14 days. The insiders we have identified are institutional investors, company directors or board members, which have added to their positions.
*Share price and other metrics as of May 20, 2021
Artis Real Estate Investment Trust (TSX:AX.UN) – $11.05
REITs
Artis REIT is one of the largest diversified commercial real estate investment trusts in Canada and is an unincorporated closed-end real estate investment trust primarily focused on creating value for unitholders through the investment in, and ownership of, quality commercial properties in select markets. Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties in select markets in Canada and the United States. As of September 30, 2020, Artis’ commercial property comprises approximately 23.8 million square feet of leasable area.
- Market Cap: $1,454.5M
- YTD-Return: +3.7%
- 1-Year Share Price Return: +54.1%
- 30-Day Average Trading Volume: 462,510
- Insider Name: Salim Manji
- Insider Role: Director
- Purchase Date: May 21, 2021
- Number of Shares: 218,900
- Share Price Paid: $11.02
- Total Transaction Value: $2,412,278
Leaf Mobile Inc (TSX:LEAF) – $0.45
Mobile Gaming
LEAF, based out of Vancouver, Canada, has become one of Canada’s largest F2P mobile game companies through a focus on building a high growth recurring revenue technology platform, organic game development & publishing and disciplined acquisitions strategy. LEAF offers a compelling portfolio of games, developed and published inhouse or through IP partnerships and acquisitions, with strong appeal to players globally. Its studios utilize an evolving data-driven process to improve the retention of its games throughout their lifetime. The Company focuses on long lifecycle games that are narrative driven with loyal IP linked fan bases and stable revenues. The game portfolio consists of over 10 games divided into three categories: New, Growth, and Legacy.
- Market Cap: $340.1M
- 30-Day Return: +2.3%
- 30-Day Average Trading Volume: 656,350
- Insider Name: Mike Edwards
- Insider Role: Director
- Purchase Date: May 18, 2021
- Number of Shares: 675,000
- Share Price Paid: $0.44
- Total Transaction Value: $297,000
Gold Standard Ventures Corp (TSX:GSV) – $0.75
Gold Mining
Gold Standard is developing the South Railroad Project, an open pit, heap leach gold project located in Elko County, Nevada. The project is part of a +21,000-hectare land package on the Carlin Trend, and is 100% owned or controlled by Gold Standard. The goal of the Company is to become the low-cost junior producer of choice in Nevada, one of the premier mining jurisdictions in the world. On April 26, 2021, the Company announced drill results from 14 reverse circulation (“RC”) / sonic holes and 5 core holes at the Dark Star oxide gold deposit. Notably, drill holes DR20-10 through DR20-14 tested for extensions of bedrock mineralization at Dark Star Main. The oxide mineralization results reported in DR20-12 (57.9m @ 0.68 g/t gold) and DR20-14 (29.0m @ 0.56 g/t gold) continue to demonstrate that that mineralization remains open to the east at Dark Star Main.
- Market Cap: $268.1M
- YTD-Return: -17.6%
- 1-Year Share Price Return: -24.2%
- 30-Day Average Trading Volume: 89,950
- Insider Name: Alex Morrison
- Insider Role: Director
- Purchase Date: May 14, 2021
- Number of Shares: 100,000
- Share Price Paid: $0.56
- Total Transaction Value: $56,400
i-80 Gold Corp. (TSX:IAU) – $2.63
Gold Mining
i-80 Gold is a Nevada-focused mining company with a goal of achieving mid-tier gold producer status. In addition to its producing mine, El Nino at South Arturo, i-80 is beginning to plan for future production growth through the potential addition of the Phases 1 & 3 projects at South Arturo, advancing the Getchell Project through economic studies and then onto development, and the advanced exploration for its 100%–owned McCoy-Cove Property. On May 19, 2021, management announced production guidance for i-80’s 40% interest in El Nino in 2021, which is expected to be between 15K to 20K oz/gold during the year with cash costs per ounce of gold sold between $900/oz Au and $1,000/oz and ASIC between $1,100 to $1,200.
- Market Cap: $479.1M
- 30-Day Return: -6.1%
- 30-Day Average Trading Volume: 348,060
- Insider Name: Stewart Downie
- Insider Role: Director
- Purchase Date: May 20, 2021
- Number of Shares: 160,000
- Share Price Paid: $2.60
- Total Transaction Value: $416,000
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
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