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GRNT

Friday 12/6 Insider Buying Report: GRNT, CTGO

December 06, 2024 — 02:11 pm EST

Written by BNK Invest for BNK Invest->

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.

At Granite Ridge Resources, a filing with the SEC revealed that on Friday, Director Matthew Reade Miller purchased 41,000 shares of GRNT, for a cost of $6.10 each, for a total investment of $250,100. Granite Ridge Resources is trading down about 1.8% on the day Friday. Before this latest buy, Miller bought GRNT at 8 other times during the past twelve months, for a total cost of $475,881 at an average of $6.37 per share.

And on Thursday, John B. Juneau bought $61,100 worth of Contango Ore, buying 5,000 shares at a cost of $12.22 a piece. Contango Ore is trading down about 1.5% on the day Friday.

Friday 12/6 Insider Buying Report: GRNT, CTGOVIDEO: Friday 12/6 Insider Buying Report: GRNT, CTGO

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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BNK Invest
BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.
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GRNT
CTGO

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