Stock Analysis
- Canada
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- Metals and Mining
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- TSXV:ADZN
Even with Adventus Mining Corporation (CVE:ADZN) stock down 19% this week, insiders who bought recently netted around US$2.8k
Insiders who bought Adventus Mining Corporation (CVE:ADZN) in the last 12 months may probably not pay attention to the stock's recent 19% drop. After accounting for the recent loss, the US$194k worth of shares they purchased is now worth US$196k, suggesting a good return on their investment.
Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.
Check out our latest analysis for Adventus Mining
The Last 12 Months Of Insider Transactions At Adventus Mining
While there weren't any large insider transactions in the last twelve months, it's still worth looking at the trading.
While Adventus Mining insiders bought shares during the last year, they didn't sell. They paid about CA$0.41 on average. Although they bought at below the recent price of CA$0.42 per share, it is good to see that insiders are willing to invest in the company. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
Adventus Mining is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Adventus Mining Insiders Bought Stock Recently
We saw some Adventus Mining insider buying shares in the last three months. Insiders shelled out CA$21k for shares in that time. It's great to see that insiders are only buying, not selling. But in this case the amount purchased means the recent transaction may not be very meaningful on its own.
Insider Ownership Of Adventus Mining
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data suggests Adventus Mining insiders own 2.6% of the company, worth about CA$2.0m. We consider this fairly low insider ownership.
So What Does This Data Suggest About Adventus Mining Insiders?
Our data shows a little insider buying, but no selling, in the last three months. The net investment is not enough to encourage us much. On a brighter note, the transactions over the last year are encouraging. The transactions are fine but it'd be more encouraging if Adventus Mining insiders bought more shares in the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Adventus Mining. At Simply Wall St, we've found that Adventus Mining has 4 warning signs (2 shouldn't be ignored!) that deserve your attention before going any further with your analysis.
Of course Adventus Mining 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, but not derivative transactions.
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Find out whether Adventus Mining 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.