Aurora Davidson, director & executive of Amerigo Resources Ltd (TSX:ARG), picked up 15,000 Common Shares at an average of $7.43 — a $111K buy on Aug 18, 2026.
The buy adds modestly to an already large position. They still hold 1,529,946 shares — a stake worth roughly $11.4M at today's price.
ARG shares are trading around $7.47, up 0.7% in the latest session, up 17% over the past three months, and up 67% this year. The stock has ranged from $2.17 to $8.36 over the past 52 weeks.
Insiders sell for a hundred reasons, but they only buy for one — they think it's going higher.