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
Should l Buy ?
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.
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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.
