Bures' Silver Buy-In Fuels Royalty Surge
Silver Crown Royalties Inc., which holds a portfolio of silver royalties in Peru, Brazil, Ecuador, and Canada, has seen its shares soar by 159% over the past six months. This impressive growth is attributed to the increasing importance of silver for financing global copper supply expansion. As noted in the INK Edge August Top 20 Mining Report, the silver price should be supported in the years ahead due to this growing demand.
During this period of significant growth, chairman and CEO Peter Bures demonstrated his confidence in the company by buying $582,905 worth of common shares in the public market. Specifically, he purchased 24,367 common shares at an average price of $23.92.