242032633 - 1_draeboro - PID 1851201
    
    
      
    
  

  
    
        Hi I’m Ted Dixon with INK
preview for
        Friday April 1st: Insider
stocks jump in Q1.
        The INK Canadian Insider
Index which tracks
        50 TSX-listed stocks
gained
        17% in the first quarter
of 2022,
        outpacing the S&P/TSX
Composite which gained
        3.1% and the S&P 500 which
was off 5%.
        The INK CIN Index was
helped
        by its exposure to Energy.
        Over the past 12 months,
        the INKCIN Index is up
45.6%.
        As it turns out, insider
stocks have been
        a pretty good inflation
hedge.
        In our morning report,
        we kick off Q2
        with copper producer
Amerigo Resources.
        There has been some
insider selling,
        but that is not unexpected
given that
        the stock is up over 100%
over the past year.
        When Amerigo reported
        2021 results on February
24th,
        revenue for the year came
in at
        a record US$199.6 million.
        Meanwhile, earnings are on
the rise and
        the stock sports a
prospective
        6.5% dividend yield, and
that is no joke.
        Well, that’s it for today.
        And, I hope to see you
again next week
        as we let the insiders
        guide us to opportunity.
        This is not a
recommendation to
        buy or sell securities and
        nothing in this video or
        in INK reports should be
considered
        financial advice
information is for
        educational purposes INK
employees may
        hold an interest in
        any stock mentioned in
        our videos or in our
reports.