Stock Analysis

Appia Rare Earths & Uranium Falls To CA$0.18, But Insiders Sold At Lower Price \

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CNSX:API
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Appia Rare Earths & Uranium Corp.'s (CSE:API) stock price has dropped 10.0% in the previous week, but insiders who sold CA$177k in stock over the past year have had less luck. The average selling price of CA$0.37 is still lower than the current share price, or in other words, insiders would have been better off holding on to their shares.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for Appia Rare Earths & Uranium

Appia Rare Earths & Uranium Insider Transactions Over The Last Year

The Independent Director, Douglas Underhill, made the biggest insider sale in the last 12 months. That single transaction was for CA$85k worth of shares at a price of CA$0.41 each. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The good news is that this large sale was at well above current price of CA$0.18. So it may not shed much light on insider confidence at current levels. The only individual insider seller over the last year was Douglas Underhill.

Douglas Underhill ditched 480.00k shares over the year. The average price per share was CA$0.37. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

insider-trading-volume
CNSX:API Insider Trading Volume May 13th 2023

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Have Appia Rare Earths & Uranium Insiders Traded Recently?

There was only a small bit of insider buying, worth CA$3.8k, in the last three months. So it is hard to draw any conclusion about how insiders are feeling about the stock, from these recent trades.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. From looking at our data, insiders own CA$845k worth of Appia Rare Earths & Uranium stock, about 3.6% of the company. But they may have an indirect interest through a corporate structure that we haven't picked up on. I generally like to see higher levels of ownership.

What Might The Insider Transactions At Appia Rare Earths & Uranium Tell Us?

We note a that there has been a bit of insider buying recently (but no selling). That said, the purchases were not large. The insider transactions at Appia Rare Earths & Uranium are not inspiring us to buy. And usually insiders own more stock in the company, according to our data. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Appia Rare Earths & Uranium. To that end, you should learn about the 3 warning signs we've spotted with Appia Rare Earths & Uranium (including 1 which is concerning).

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

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.

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Find out whether Appia Rare Earths & Uranium is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.