Insider Report: Eric Sprott is buying a penny stock that’s up 219% in 2024

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Insider Report: Eric Sprott is buying a penny stock that’s up 219% in 2024
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A look at recent notable transactions

Featured below are companies that have experienced recent insider trading activity in the public market through their direct and indirect ownerships, including accounts they have control or direction over.

The list features insider transaction activity; it does not convey total ownership information as an insider may hold numerous accounts. Keep in mind, when looking at transaction activities by insiders, purchasing activity may reflect perceived value in a security. Selling activity may or may not be related to a stock’s valuation; perhaps an insider needs to raise money for personal reasons. An insider’s total holdings should be considered because a sale may, in context, be insignificant if this person has a large remaining position in the company.

Listed below are three securities that have had recent buying activity in the public market reported by insiders.Between Oct. 11-21, Eric Sprott, with an ownership position exceeding 10 per cent, invested over $409,000 in shares of the company. He purchased a total of 2,190,500 shares in the public market at an average cost per share of approximately 19 cents for an account in which he has indirect ownership . This specific account currently holds 64,749,000 shares.Rogers Communications Inc.

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