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We are watching for insider buying at low-cost gold producers. That brings us to B.C.-based Artemis Gold Inc. (ARTG-X), which reported fourth-quarter sales of 67,852 ounces at an all-in sustaining cost of US$925 per ounce on Feb. 18 . Insiders sold earlier in the year, but they have acquired $2,884,628 worth of shares in March via option exercises (not on chart) and public market purchases. Notably, director Ryan Beedie bought a total of 35,500 common shares in the public market at an average price of $33.42 on March 26-27.
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.