denarius Viewing insider transactions for Denarius Metals Corp.'s (CVE:DSLV ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.
Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.
See our latest analysis for Denarius Metals
Denarius Metals Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider sale was by the Independent Director, Jerome Vitale, for CA$210k worth of shares, at about CA$0.50 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of CA$0.28. So it may not shed much light on insider confidence at current levels. The only individual insider seller over the last year was Jerome Vitale.
Serafino Iacono bought a total of 1.38m shares over the year at an average price of CA$0.46. 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!
Denarius 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.
Insiders at Denarius Metals Have Sold Stock Recently
We have seen a bit of insider selling at Denarius Metals, over the last three months. Independent Director Jerome Vitale sold CA$210k worth of shares in that time. But CA$155k was spent on buying, too, . While it's not great to see insider selling, the net amount sold isn't enough for us to want to read anything into it.
Does Denarius Metals Boast High Insider Ownership?
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data suggests Denarius Metals insiders own 2.1% of the company, worth about CA$1.2m. I generally like to see higher levels of ownership.
What Might The Insider Transactions At Denarius Metals Tell Us?
Unfortunately, there has been more insider selling of Denarius Metals stock, than buying, in the last three months. But we take heart from prior transactions. Still, insiders don't own a great deal of the stock. So we can't be sure that insiders are optimistic. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Our analysis shows 4 warning signs for Denarius Metals (1 is concerning!) and we strongly recommend you look at these before investing.