CleanTech Vanadium Mining Slides As Insider Purchases Lose Another CA$129k

Insiders who bought CA$273.8k worth of CleanTech Vanadium Mining Corp.'s (CVE:CTV) stock at an average buy price of CA$0.047 over the last year may be disappointed by the recent 17% decrease in the stock. Insiders invest with the hopes of seeing their money grow in value over time. However, as a result of recent losses, their initial investment is now only worth CA$145.3k, which is not what they expected.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

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The Last 12 Months Of Insider Transactions At CleanTech Vanadium Mining

The CEO & Executive Chairman John R. Lee made the biggest insider purchase in the last 12 months. That single transaction was for CA$90k worth of shares at a price of CA$0.05 each. So it's clear an insider wanted to buy, even at a higher price than the current share price (being CA$0.025). While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. John R. Lee was the only individual insider to buy during the last year. Notably John R. Lee was also the biggest seller.

John R. Lee bought a total of 5.81m shares over the year at an average price of CA$0.047. 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!

View our latest analysis for CleanTech Vanadium Mining

CleanTech Vanadium Mining 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 CleanTech Vanadium Mining Insiders Traded Recently?

We saw CEO & Executive Chairman John R. Lee buy shares worth CA$18k in the last three months. That's only a tiny bit more than the sales, worth CA$14k. Looking at the net result, we don't think these recent trades shed much light on how insiders, as a group, are feeling about the company's prospects.

Does CleanTech Vanadium Mining Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 16% of CleanTech Vanadium Mining shares, worth about CA$586k. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The CleanTech Vanadium Mining Insider Transactions Indicate?

We note a that there has been a bit of insider buying recently (but no selling). That said, the purchases were not large. On a brighter note, the transactions over the last year are encouraging. Insiders do have a stake in CleanTech Vanadium Mining and their transactions don't cause us concern. 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. In terms of investment risks, we've identified 5 warning signs with CleanTech Vanadium Mining and understanding them should be part of your investment process.

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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.