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Stock impact report

Executive VP & CFO Robert Chausse Just Bought Shares In New Gold Inc. (TSE:NGD) [Yahoo! Finance News]

New Gold Inc. (NGD) 
NASDAQ:AMEX Investor Relations: newgold.com/investors
Even if it's not a huge purchase, we think it was good to see that Robert Chausse, the Executive VP & CFO of New Gold Inc. TSE:NGD Check out our latest analysis for New Gold The Last 12 Months Of Insider Transactions At New Gold President Renaud ams made the biggest insider purchase in the last 12 months. That single transaction was for CA$160k worth of shares at a price of CA$1.60 each. So it's clear an insider wanted to buy, even at a higher price than the current share price being CA$1.03). While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels. While New Gold insiders bought shares last year, they didn't sell. The average buy price was around CA$1.09. These transactions suggest that insiders have consid Show less Read more
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