November 28, 2016 - By Marie Mckinney
Saga Communications Inc’s insider, Towerview Llc, made a sale of 503 shares of stock in the company. The average cost of Towerview Llc per share was $48.9, for total sale value of $24,597 U.S Dollars. The chance of this trade remaining disregarded is nil because it’s new, with Towerview Llc now having ownership of 1.28 million shares — that is 21.85% of the Company’s market capitalization.
Insitutional Activity: The institutional sentiment decreased to 1.06 in Q2 2016. Its down 0.29, from 1.35 in 2016Q1. The ratio is negative, as 5 funds sold all Samco Gold Ltd shares owned while 12 reduced positions. 5 funds bought stakes while 18 increased positions. They now own 4.60 million shares or 0.74% less from 4.63 million shares in 2016Q1.
Blackrock has 0% invested in the company for 514 shares. Price T Rowe Assocs Md holds 0.01% of its portfolio in Samco Gold Ltd (CVE:SGA) for 762,207 shares. American Intll Grp Inc Incorporated last reported 2,105 shares in the company. Prudential Fincl owns 8,244 shares or 0% of their US portfolio. Blackrock Fund Advsr has 0% invested in the company for 95,189 shares. Moreover, State Bank Of New York Mellon Corporation has 0% invested in Samco Gold Ltd (CVE:SGA) for 25,592 shares. Blackrock Advsrs accumulated 0% or 2,103 shares. Renaissance Technology Limited Co has 0.01% invested in the company for 126,800 shares. Denali Advsrs Limited Liability Co holds 0% or 52 shares in its portfolio. State Street has 55,112 shares for 0% of their US portfolio. Retail Bank Of Montreal Can has 3 shares for 0% of their US portfolio. Blackrock Institutional Trust Co Na has 133,949 shares for 0% of their US portfolio. The United Kingdom-based Legal General Group Inc Public Ltd Com has invested 0% in Samco Gold Ltd (CVE:SGA). Blackrock Inv Mgmt Limited Liability Company, a New Jersey-based fund reported 15,477 shares. The Pennsylvania-based Minerva Advisors Limited has invested 1.69% in Samco Gold Ltd (CVE:SGA).
Insider Transactions: Since September 30, 2016, the stock had 0 insider buys, and 8 selling transactions for $1.09 million net activity. TOWERVIEW LLC also sold $119,819 worth of Samco Gold Ltd (CVE:SGA) on Thursday, October 6.
The stock closed at $0.03 during the last session. It is down 6.00% since October 29, 2016 and is uptrending. It has underperformed by 0.01% the S&P500.
Samco Gold Limited is a mineral exploration firm that acquires, explores and develops mineral properties in South America. The company has a market cap of $1.47 million. The Company’s divisions include Corporate and Argentina. It currently has negative earnings. The Firm owns approximately 55,000 hectares of mineral exploration concessions, including over 10 projects, all of which are located on the Deseado Massif in the Province of Santa Cruz, Argentina.
According to Zacks Investment Research, “Saga Communications, Inc. is a broadcasting company whose business is devoted to acquiring, developing and operating broadcast properties. The company owns or operates broadcast properties in markets, including FM and AM radio stations, state radio networks, farm radio network, TV stations and an equity interest in FM radio stations serving Reykjavik, Iceland. Additionally, Saga has entered into an Asset Purchase Agreement with Clear Channel Communications to purchase the assets of WHMP-AM/FM, Northampton, Massachusetts. (PRESS RELEASE)”
Analysts await Saga Communications, Inc. (NYSEMKT:SGA) to report earnings on March, 14.
More notable recent Samco Gold Ltd (CVE:SGA) news were published by: Marketwired.com which released: “Samco Gold Signs Agreement With Yamana Gold Inc. for Sale of Corina Property ..” on May 19, 2016, also Marketwired.com with their article: “Samco Gold-Director Appointment” published on March 04, 2014, Marketwired.com published: “Samco Gold and Pan American Silver to Commence Option Agreement and Related ..” on September 16, 2016. More interesting news about Samco Gold Ltd (CVE:SGA) were released by: Marketwired.com and their article: “Samco Gold Enters Into Agreement to Acquire Dino Polymetallic (Zinc, Lead ..” published on December 12, 2014 as well as Marketwired.com‘s news article titled: “Samco Announces Extension of Agreement to Acquire Dino Polymetallic (Zinc ..” with publication date: April 03, 2015.
Saga Communications, Inc., incorporated on March 30, 1992, is a broadcast firm primarily engaged in acquiring, developing and operating broadcast properties. The Firm owns and/or operates over four television stations and over five low-power television stations serving approximately two markets, and over 67 frequency modulation (FM) and over 32 amplitude modulation (AM) radio stations serving approximately 20 markets, including Bellingham, Washington; Columbus, Ohio; Norfolk, Virginia; Milwaukee, Wisconsin; Manchester, New Hampshire; Des Moines, Iowa, and Joplin, Missouri. The Firm operates in two divisions: Radio and Television. The Radio segment includes over 23 markets, which includes approximately 100 of its radio stations. The Television segment includes over two markets and consists of approximately four television stations and over five low power television (LPTV) stations.
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