Director Andrew Greig Acquires Shares in Scandium International Mining Corp
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 14 2024
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Source: Yahoo Finance
- Director Andrew Greig's Purchase: Director Andrew Greig acquired 277,778 shares of Scandium International Mining Corp at C$0.18 per share.
- Company Profile: Scandium International Mining Corp focuses on the production of scandium and other rare earth minerals through exploration and development of mineral properties.
- Financial Metrics: The company's market cap was C$5.214 million, with a price-earnings ratio of 9,999.00, significantly higher than industry and historical medians.
- Insider Transaction History: Andrew Greig's recent purchase is a unique event as there were no other insider buys or sells in the past year for the company.
- Investor Perception: Insider buying is seen positively by the market, indicating confidence in the company's future performance based on internal knowledge.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
