Canada markets close in 6 hours 11 minutes
  • S&P/TSX

    20,413.58
    +207.17 (+1.03%)
     
  • S&P 500

    4,059.05
    +51.04 (+1.27%)
     
  • DOW

    32,525.50
    +302.08 (+0.94%)
     
  • CAD/USD

    0.7790
    +0.0005 (+0.07%)
     
  • CRUDE OIL

    114.85
    +0.65 (+0.57%)
     
  • BTC-CAD

    39,393.05
    +1,024.96 (+2.67%)
     
  • CMC Crypto 200

    691.11
    +448.43 (+184.78%)
     
  • GOLD FUTURES

    1,825.30
    +11.30 (+0.62%)
     
  • RUSSELL 2000

    1,821.35
    +37.93 (+2.13%)
     
  • 10-Yr Bond

    2.9660
    +0.0890 (+3.09%)
     
  • NASDAQ

    11,889.92
    +227.13 (+1.95%)
     
  • VOLATILITY

    26.70
    -0.77 (-2.80%)
     
  • FTSE

    7,511.57
    +46.77 (+0.63%)
     
  • NIKKEI 225

    26,659.75
    +112.70 (+0.42%)
     
  • CAD/EUR

    0.7395
    -0.0059 (-0.79%)
     

One Probe Metals Inc. (CVE:PRB) insider upped their stake in the previous year

  • Oops!
    Something went wrong.
    Please try again later.
·2 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Insiders were net buyers of Probe Metals Inc.'s (CVE:PRB ) stock during the past year. That is, insiders bought more stock than they sold.

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.

See our latest analysis for Probe Metals

Probe Metals Insider Transactions Over The Last Year

While no particular insider transaction stood out, we can still look at the overall trading.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
insider-trading-volume

Probe Metals 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 Probe Metals

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Probe Metals insiders own about CA$18m worth of shares. That equates to 7.2% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Probe Metals Insider Transactions Indicate?

It doesn't really mean much that no insider has traded Probe Metals shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. Insiders do have a stake in Probe Metals and their transactions don't cause us concern. 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. To help with this, we've discovered 3 warning signs (1 makes us a bit uncomfortable!) that you ought to be aware of before buying any shares in Probe Metals.

Of course Probe Metals 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting