Skip to main content

The site of the Ambatovy nickel mine in Madagascar.

Geoffrey York/The Globe and Mail

Will 2013 shine on Sherritt International shares? Investors appeared to be in a glum mood ahead of the firm's third quarter results, which were released on Oct. 31. However, since the report the stock has been on the upswing. Perhaps news that the company's Ambatovy joint-venture nickel mine remained on track helped to boost sentiment. Corporate insiders seem upbeat. On Nov. 2, board chair Ian Delaney bought 56,300 shares between $4.65 and $4.70. Two other directors also bought a total of 61,000 shares at the end of last month.

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.



 

Report an error
Comments

The Globe invites you to share your views. Please stay on topic and be respectful to everyone. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

We’ve made some technical updates to our commenting software. If you are experiencing any issues posting comments, simply log out and log back in.

Discussion loading… ✨

Combined Shape Created with Sketch.

Combined Shape Created with Sketch.

Thank you!

You are now subscribed to the newsletter at

You can unsubscribe from this newsletter or Globe promotions at any time by clicking the link at the bottom of the newsletter, or by emailing us at privacy@globeandmail.com.