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Leagold Mining (T:LMC) has notable insider buying

Updated Monday Aug 12, 2019 02:16 AM EDT

Leagold Mining Corporation (LMC) has a high amount of executive buying compared to its mid-cap peers over the past three months.

Frank Giustra, a Director, acquired 500,000 Common Shares on an indirect ownership basis for registered holder Fiore Financial Corporation at a price of $2.250 through the public market on August 9th, 2019. This represents a $1,125,250 investment into the company's shares and an account share holdings change of 30.7%.

Leagold Mining is in the Gold Sub Industry Group under the Basic Materials Sector.

Leagold Mining Corporation is a Canada-based mid-tier gold producer with a focus on opportunities in Latin America. The Company operates four gold mines, which includes the Los Filos mine in Mexico, and the RDM, Fazenda and Pilar mines in Brazil. Los Filos is located near the center of the Morelos-Guerrero Sedimentary Basin. The RDM mine is located in Minas Gerais State, Brazil, about 560 kilometers (km) north of the state capital city of Belo Horizonte. The Fazenda mine is located within the Maria Preta mining district in Bahia State, Brazil, about 180 kilometers northwest of the state capital city of Salvador. The Pilar mine is located in Goias State in central Brazil, approximately 320 km from the federal capital of Brasilia.

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Go to Leagold Mining Corporation (LMC)'s company page

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