Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of Calibre Mining Corp. (TSE:CXB), that sends out a positive message to the company’s shareholders.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis for Calibre Mining
Calibre Mining Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider sale was by the Independent Director, Douglas Hurst, for CA$370k worth of shares, at about CA$1.48 per share. So it’s clear an insider wanted to take some cash off the table, even below the current price of CA$1.80. We generally consider it a negative if insiders have been selling, especially if they did so below the current price,…
