Commodity Market Retreat Quiets Insider Trade Activities

Insider activity in the metal and mining industry has been slow. It is due to recent commodity market retreat an high inflationary pressure sparks interest rate hike among world centreal banks.
By: Insiderslab.com
 
June 1, 2011 - PRLog -- The skyrocket price rise of metal, leading by silver’s 45% soar from January to April, has come to an end.  Market has witnessed 25% silver spot rate drop in 2 to 3 trading days. Commodities ended eight months of gains as central banks raised interest rates to slow inflationary pressure.The Standard & Poor’s GSCI Spot Index of 24 raw materials dropped 6.7 percent this month, the first monthly decline since August and the biggest since May 2010.

Insider trading activities of the metal and mining sector have slipped slightly in May, as Net Buy Ratio dropped from 31% to 29% while net seller has increased from 20 to 27.  Number of company filings to SEC for insider trade has also declined from 18 to 8.  For more data and analysis about insider trading, please visit http://www.insiderslab.com/media/mediaRoom.php

Titanium Metals Corporation .  The most significant insider trade in Titanium Metals comes from Simmons Harold C, the chair of the board and director. He has acquired 400,000 shares of his company  at $18.96 per share. That transaction is worth 7.58 million. In the recent trading period, Titanium’s stock price has gone from a 4-week high of $20.21 per share to a 4 week low of $18.06 per share. By May 31st, it is trading at 18.73 per share. Read (TIE) insider trading report at http://www.insiderslab.com/Notable/TIE/  

Alcoa Inc. .   Thuestad John G, the Executive Vice President of Alcoa Inc, has reduced significant portion of his share holdings in the company. On May 17th, Thuestad has sold 10737 shares of Alcoa at $ 16.4 per share.  That transaction represents a 29% share holding reduction and has a total trading value of $176120. In the last 4-week trading period, stock price of Alcoa Inc has reached the high of  $ 17.93 per share and by May 31st, it is trading at 16.85 per share. Read (AA) insider trading report at http://www.insiderslab.com/Notable/AA/  

Royal Gold, Inc .  Insider of Royal Gold, director Dempsey Stanley, has sold 5000 shares of his company at $59.05 per share.  Other company insiders, such as CEO, Jensen Tony  and CFO Wenger Stefan both excised their stock option on May 18th and sold shares on may 19th. They  sold more than 15000 shares at $59.47 per share.  During the last 4 weeks, Royal Gold stock was trading between the low of  $ 56.6 per share and the high of $ 62.02. On may 31st, it gained $0.46 from the last trading date and reached its 4 week high of $62.02. Read (RGLD) insider trading report at http://www.insiderslab.com/Notable/RGLD/  

Report Editor: Tim Fang in Vancouver at tim@insiderslab.com

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InsidersLab provides U.S. Insider Trading Research and Analysis to investors. We strive to aid investors, analysts, advisors and institutions in achieving optimal portfolio performance returns by providing more transparency in the insiders market.
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Source:Insiderslab.com
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Tags:Tie, Titanium Metals, aa, Alcoa, Rgld, Royal Gold, Metal, Mining, Insider Trade
Industry:Business, Financial, Research
Location:Canada
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