Yahoo Finance Insider Buying: The Aurelius Minerals Inc. (CVE:AUL) President Just Bought 37% More Shares
Even if it's not a huge purchase, we think it was good to see that Mark Ashcroft, the President of Aurelius Minerals Inc. (CVE:AUL) recently shelled out CA$75k to buy stock, at CA$0.30 per share. That purchase might not be huge but it did increase their holding by 37%.
Check out our latest analysis for Aurelius Minerals
Aurelius Minerals Insider Transactions Over The Last Year
In fact, the recent purchase by Mark Ashcroft was the biggest purchase of Aurelius Minerals shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was higher than CA$0.29 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.
In the last twelve months Aurelius Minerals insiders were buying shares, but not selling. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Aurelius Minerals is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Insider Ownership of Aurelius Minerals
Many investors like to check how much of a company is owned by insiders. 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 prefer to see high levels of insider ownership.
What Might The Insider Transactions At Aurelius Minerals Tell Us?
It's certainly positive to see the recent insider purchases. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Aurelius Minerals insiders are expecting a bright future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Our analysis shows 5 warning signs for Aurelius Minerals (3 are concerning!) and we strongly recommend you look at them before investing.
Of course Aurelius Minerals may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
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.
