Insider Buying: CEO George Putnam Acquires Shares of Scandium International Mining Corp
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 17 2024
0mins
Source: Yahoo Finance
- Insider Buying: CEO George Putnam of Scandium International Mining Corp purchased 33,350 shares at C$0.18 each, totaling C$6,003.
- Company Profile: Scandium International Mining Corp is involved in exploring and developing mineral properties, with a focus on scandium and other rare earth elements.
- Insider Transaction History: No other insider buys or sells were recorded for the company over the past year, making this recent purchase significant.
- Valuation Metrics: The company has a market cap of C$5.223 million, with a high price-earnings ratio of 9999.00 compared to industry and historical medians.
- Investor Considerations: While the insider buy may indicate confidence in the company's future, investors should also assess other financial metrics and market conditions before making decisions.
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.
