Possible Bearish Signals With Ivanhoe Mines Insiders Disposing Stock

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Many Ivanhoe Mines Ltd. (TSE:IVN) insiders ditched their stock over the past year, which may be of interest to the company’s shareholders. Knowing whether insiders are buying is usually more helpful when evaluating insider transactions, as insider selling can have various explanations. However, shareholders should take a deeper look if several insiders are selling stock over a specific time period.

Although we don’t think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for Ivanhoe Mines

Ivanhoe Mines Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the Executive Vice President of Technical Services, Pierre Joubert, for CA$1.2m worth of shares, at about CA$13.47 per share. That means that an insider was selling shares at slightly below the current price…

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