Apollo Silver Corp. (APGO-X) shares were rallying and company insiders were buying ahead of silver’s move to 14-year highs in early September.
Over the past six months, three insiders reported spending an estimated total of $320,300 buying shares in the public market. The 821,500 shares were bought at an estimated average price of 39 cents. On Tuesday, Apollo hit a 52-week high of 64 cents.
Apollo is focused on its two silver projects, one in San Bernardino, California, and the other in Chihuahua, Mexico.
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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.
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.