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Director buying Barrick Gold

Over the past three months, business finance firm ECN Capital Corp. shares are down about 4 per cent. However, insiders, including chief executive officer Steven Hudson, have been buying. Together they have spent about $6-million picking up shares in the public market over the period. The buying comes on the back of a business plan pivot toward the United States. In December, the company bought U.S. manufactured-housing finance company Triad Financial. Earlier in September, it bought Service Finance Holdings, which focuses on financing home improvement projects in the United States.

Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.

Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.

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