The recent price decline of 10% in Titan Mining Corporation’s (TSE:TI) stock may have disappointed insiders who bought US$232.0k worth of shares at an average price of US$0.40 in the past 12 months. Insiders buy with the expectation to see their investments rise in value over a period of time. However, recent losses have rendered their above investment worth US$180.6k which is not ideal.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.
View our latest analysis for Titan Mining
The Last 12 Months Of Insider Transactions At Titan Mining
The Executive Chairman Richard Warke made the biggest insider purchase in the last 12 months. That single transaction was for CA$98k worth of shares at a price of CA$0.58 each. So it’s clear an insider wanted to buy, even at a higher…
