Yahoo Finance Great news for Aurelius Minerals Inc. (CVE:AUL): Insiders acquired stock in large numbers last year
Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of Aurelius Minerals Inc. (CVE:AUL), that sends out a positive message to the company's shareholders.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
View our latest analysis for Aurelius Minerals
Aurelius Minerals Insider Transactions Over The Last Year
Notably, that recent purchase by Mark Ashcroft is the biggest insider purchase of Aurelius Minerals shares that we've seen in the last year. That means that an insider was happy to buy shares at above the current price of CA$0.29. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.
While Aurelius Minerals insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).
Aurelius Minerals Insiders Bought Stock Recently
It's good to see that Aurelius Minerals insiders have made notable investments in the company's shares. Not only was there no selling that we can see, but they collectively bought CA$145k worth of shares. This is a positive in our book as it implies some confidence.
Insider Ownership of Aurelius Minerals
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. From looking at our data, insiders own CA$582k worth of Aurelius Minerals stock, about 4.6% of the company. We consider this fairly low insider ownership.
So What Does This Data Suggest About Aurelius Minerals Insiders?
The recent insider purchases are heartening. And an analysis of the transactions over the last year also gives us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on Aurelius Minerals stock. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. At Simply Wall St, we've found that Aurelius Minerals has 5 warning signs (3 shouldn't be ignored!) that deserve your attention before going any further with your analysis.
But note: Aurelius Minerals may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
