Public market insider buying at Firm Capital Mortgage Inv (FC)

Public market insider buying at Firm Capital Mortgage Inv (T:FC)

Joseph Oliver, a Director, acquired 10,000 Common Shares on a direct ownership basis at a price of $10.020 on April 7th, 2020. This represents a $100,200 investment into the company's shares and an account share holdings change of 50.0%.

Firm Capital Mortgage Inv is in the Corporate Financial Services Sub Industry Group under the Financials Sector.

Firm Capital Mortgage Investment Corporation is a Canada-based mortgage investment company. The Company is a non-bank lender that finances a range of properties, which include residential houses, small multi-family residential properties consisting of approximately six units, residential apartment buildings, mixed-use residential apartments and store-front properties, investment properties, land and development sites, and development and construction projects. It also invests in all forms of short-term bridge financing for residential and commercial real estate (including, primarily, construction loans for such properties) for owners and developers. Its investment portfolio includes conventional first mortgages, conventional non-first mortgages, non-conventional mortgages, discounted debt investments and related investments. Its non-conventional mortgages include equity and participating mortgage loans; joint venture financing, and mezzanine and subordinated mortgage debt. Firm Capital Mortgage Investment Corporation (FC) has a high amount of executive buying compared to its small-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $100,200.