Michael James Pearson, director of Search Minerals Inc. (TSXV:SMY), picked up 765,958 Common Shares at an average of $0.23 — a $180K buy on Aug 18, 2026.
The purchase grows their position by 16%. They still hold 5,502,498 shares — a stake worth roughly $1.3M at today's price.
SMY shares are trading around $0.25, up 0.0% in the latest session and down 39% this year. The stock has ranged from $0.20 to $0.75 over the past 52 weeks, and still trades 67% below that high.
Insiders sell for a hundred reasons, but they only buy for one — they think it's going higher.
