Radisson Mining Resources Inc. (CVE:RDS) Insiders Increased Their Holdings

It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be remiss not to mention that insider sales have been known to precede tough periods for a business. So before you buy or sell Radisson Mining Resources Inc. (CVE:RDS), you may well want to know whether insiders have been buying or selling.

What Is Insider Selling?

It's quite normal to see company insiders, such as board members, trading in company stock, from time to time. However, such insiders must disclose their trading activities, and not trade on inside information.

Insider transactions are not the most important thing when it comes to long-term investing. But equally, we would consider it foolish to ignore insider transactions altogether. As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.

Check out our latest analysis for Radisson Mining Resources

The Last 12 Months Of Insider Transactions At Radisson Mining Resources

Over the last year, we can see that the biggest insider purchase was by Independent Director Jean Dion for CA$81k worth of shares, at about CA$0.18 per share. That means that an insider was happy to buy shares at above the current price of CA$0.17. Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

While Radisson Mining Resources insiders bought shares last year, they didn't sell. The chart below shows insider transactions (by individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Radisson Mining Resources is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insiders at Radisson Mining Resources Have Bought Stock Recently

Over the last quarter, Radisson Mining Resources insiders have spent a meaningful amount on shares. Not only was there no selling that we can see, but they collectively bought CA$167k worth of shares. This is a positive in our book as it implies some confidence.

Insider Ownership of Radisson Mining Resources

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. From our data, it seems that Radisson Mining Resources insiders own 9.3% of the company, worth about CA$2.9m. Whilst better than nothing, we're not overly impressed by these holdings.

So What Do The Radisson Mining Resources Insider Transactions Indicate?

It is good to see recent purchasing. And the longer term insider transactions also give us confidence. But we don't feel the same about the fact the company is making losses. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Radisson Mining Resources insiders are expecting a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Radisson Mining Resources. When we did our research, we found 5 warning signs for Radisson Mining Resources (1 is concerning!) that we believe deserve your full attention.

Of course Radisson Mining Resources may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.

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