Insiders See US$6.79m Investment In Jaguar Mining Jump Last Week

Insiders who bought Jaguar Mining Inc. (TSE:JAG) stock in the last 12 months were richly rewarded last week. The company’s market value increased by CA$30m as a result of the stock’s 10% gain over the same period. In other words, the original US$6.79m purchase is now worth US$9.87m.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

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Jaguar Mining Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when insider Eric Sprott bought CA$2.8m worth of shares at a price of CA$2.85 per share. We do like to see buying, but this purchase was…