The Independent Director of Talon Metals Corp. (TSE:TLO), Gregory Kinross, Just Sold 100% Of Their Holding

Investors may wish to note that the Independent Director of Talon Metals Corp., Gregory Kinross, recently netted CA$43k from selling stock, receiving an average price of CA$0.30. That might not be a huge sum but it was 100% of their personal holding, so we find it a little discouraging.

View our latest analysis for Talon Metals

Talon Metals Insider Transactions Over The Last Year

Notably, that recent sale by Gregory Kinross is the biggest insider sale of Talon Metals shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of CA$0.30. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

In the last twelve months insiders purchased 334.60k shares for CA$35k. On the other hand they divested 141.48k shares, for CA$43k. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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).

Does Talon Metals Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. From looking at our data, insiders own CA$5.6m worth of Talon Metals stock, about 3.4% of the company. We prefer to see high levels of insider ownership.

What Might The Insider Transactions At Talon Metals Tell Us?

Our data shows a little more insider selling, but no insider buying, in the last three months. But given the selling was modest, we're not worried. Recent sales exacerbate our caution arising from analysis of Talon Metals insider transactions. We also note that, as far as we can see, insider ownership is fairly low, compared to other companies. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Case in point: We've spotted 3 warning signs for Talon Metals you should be aware of.

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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