VP of Exploration & Director of Arizona Gold & Silver Picks Up 12% More Stock

Potential Arizona Gold & Silver Inc. (CVE:AZS) shareholders may wish to note that the VP of Exploration & Director, Gregory Hahn, recently bought CA$136k worth of stock, paying CA$0.30 for each share. That's a very solid buy in our book, and increased their holding by a noteworthy 12%.

Check out our latest analysis for Arizona Gold & Silver

Arizona Gold & Silver Insider Transactions Over The Last Year

In fact, the recent purchase by Gregory Hahn was the biggest purchase of Arizona Gold & Silver shares made by an insider individual in the last twelve months, according to our records. We do like to see buying, but this purchase was made at well below the current price of CA$0.41. 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.

Happily, we note that in the last year insiders paid CA$262k for 866.76k shares. But insiders sold 150.00k shares worth CA$80k. Overall, Arizona Gold & Silver insiders were net buyers during the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership Of Arizona Gold & Silver

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 24% of Arizona Gold & Silver shares, worth about CA$7.6m. 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 Arizona Gold & Silver Tell Us?

The recent insider purchases are heartening. And an analysis of the transactions over the last year also gives us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Given that insiders also own a fair bit of Arizona Gold & Silver we think they are probably pretty confident of a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Arizona Gold & Silver. For instance, we've identified 4 warning signs for Arizona Gold & Silver (2 are a bit concerning) 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 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.