Insiders Of Highlander Silver Reap Rewards After Their Investment Jumps Another CA$5.7m

Highlander Silver Corp. (TSE:HSLV) insiders who purchased shares in the last 12 months were richly rewarded last week. The stock climbed by 10% resulting in a CA$27m addition to the company’s market value. In other words, the original CA$5.24m purchase is now worth CA$10.9m.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

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The Last 12 Months Of Insider Transactions At Highlander Silver

The Independent Director Richard Warke made the biggest insider purchase in the last 12 months. That single transaction was for CA$1.4m worth of shares at a price of CA$1.40 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of CA$2.83. 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.

In the last twelve months Highlander Silver insiders were buying shares, but not selling. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

View our latest analysis for Highlander Silver

Highlander Silver is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Have Highlander Silver Insiders Traded Recently?

There was only a small bit of insider buying, worth CA$2.1k, in the last three months. Overall, we don't think these recent trades are particularly informative, one way or the other.

Does Highlander Silver Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Highlander Silver insiders own 35% of the company, worth about CA$105m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At Highlander Silver Tell Us?

Insider purchases may have been minimal, in the last three months, but there was no selling at all. That said, the purchases were not large. On a brighter note, the transactions over the last year are encouraging. It would be great to see more insider buying, but overall it seems like Highlander Silver insiders are reasonably well aligned (owning significant chunk of the company's shares) and optimistic for the future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. You'd be interested to know, that we found 3 warning signs for Highlander Silver and we suggest you have a look.

Of course Highlander Silver 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 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.