The Chairman & Chief Executive Officer of Auxico Resources Canada (Other OTC: AUXIF) is Buying Shares

Today, the Chairman & Chief Executive Officer of Auxico Resources Canada (AUXIFResearch Report), Pierre Gauthier, bought shares of AUXIF for $31.8K.

This recent transaction increases Pierre Gauthier’s holding in the company by 1% to a total of $1.84 million.

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Based on Auxico Resources Canada’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $609.3K and GAAP net loss of -$5,691,073. In comparison, last year the company earned revenue of $0 and had a GAAP net loss of $204.1K. AUXIF’s market cap is $77.77 million and the company has a P/E ratio of -5.80. The company has a one-year high of $1.50 and a one-year low of $0.

In the last 30 days, insiders have sold $998.6K worth of AUXIF shares and purchased $31.8K worth of AUXIF shares. The insider sentiment on Auxico Resources Canada has been neutral according to 41 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

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Auxico Resources Canada Inc is a mineral exploration company. It explores silver-gold properties in the state of Sinaloa, Mexico. The company has two geographical segments: Canada and Mexico.