Talisker Resources Loses CA$4.0m Market Value But Insiders See Windfall Of CA$57k

Insiders who bought Talisker Resources Ltd. (TSE:TSK) stock lover the last 12 months are probably not as affected by last week’s 11% loss. After accounting for the recent loss, the CA$340.7k worth of shares they purchased is now worth CA$397.3k, suggesting a good return on their investment.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for Talisker Resources

The Last 12 Months Of Insider Transactions At Talisker Resources

The President Terence Harbort made the biggest insider purchase in the last 12 months. That single transaction was for CA$200k worth of shares at a price of CA$0.30 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of CA$0.37. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Over the last year, we can see that insiders have bought 1.07m shares worth CA$341k. On the other hand they divested 261.62k shares, for CA$82k. In the last twelve months there was more buying than selling by Talisker Resources insiders. 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!

Talisker Resources is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Our data suggests Talisker Resources insiders own 4.7% of the company, worth about CA$1.5m. We prefer to see high levels of insider ownership.

So What Do The Talisker Resources Insider Transactions Indicate?

It doesn't really mean much that no insider has traded Talisker Resources shares in the last quarter. 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 Talisker Resources insiders are doubting the company. 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. Be aware that Talisker Resources is showing 4 warning signs in our investment analysis, and 2 of those are a bit 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 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com