Even if it’s not a huge purchase, we think it was good to see that Ari Sussman, the Executive Chairman of Collective Mining Ltd. (TSE:CNL) recently shelled out CA$78k to buy stock, at CA$3.10 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn’t a massive purchase by absolute value, either.
See our latest analysis for Collective Mining
The Last 12 Months Of Insider Transactions At Collective Mining
Notably, that recent purchase by Ari Sussman is the biggest insider purchase of Collective Mining shares that we’ve seen in the last year. That implies that an insider found the current price of CA$3.18 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today’s share price, as the…
