Despite Temas Resources' Pullback, Insiders Still Gained CA$427k

Insiders who bought Temas Resources Corp. (CSE:TMAS) in the last 12 months may probably not pay attention to the stock's recent 22% drop. Even after accounting for the recent loss, the CA$217.0k worth of stock purchased by them is now worth CA$644.3k or in other words, their investment continues to give good returns.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

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Temas Resources Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Executive Chairman of the Board Samuel Hardy for CA$200k worth of shares, at about CA$0.075 per share. Even though the purchase was made at a significantly lower price than the recent price (CA$0.23), we still think insider buying is a positive. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Samuel Hardy bought a total of 2.86m shares over the year at an average price of CA$0.076. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Check out our latest analysis for Temas Resources

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

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. Insiders own 12% of Temas Resources shares, worth about CA$1.0m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

So What Does This Data Suggest About Temas Resources Insiders?

Our data shows a little insider buying, but no selling, in the last three months. That said, the purchases were not large. On a brighter note, the transactions over the last year are encouraging. We'd like to see bigger individual holdings. However, we don't see anything to make us think Temas Resources insiders are doubting the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Temas Resources. To assist with this, we've discovered 5 warning signs that you should run your eye over to get a better picture of Temas Resources.

But note: Temas Resources may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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 of direct interests only, but not derivative transactions or indirect interests.

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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.