While it’s been a great week for New Pacific Metals Corp. (TSE:NUAG) shareholders after stock gained 23%, company insiders might have missed out on those gains after selling stock earlier this year. Had they waited, they might have been able to sell their stock at much higher prices and thereby received a better value on their investment.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
View our latest analysis for New Pacific Metals
New Pacific Metals Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider sale was by the insider, Tok Kong, for CA$136k worth of shares, at about CA$3.92 per share. While we don’t usually like to see insider selling, it’s more concerning if the sales take place at a lower…
