Despite Hitting CA$0.045, CleanTech Vanadium Mining Insiders Still Sold Too Soon

Even though CleanTech Vanadium Mining Corp. (CVE:CTV) has fallen by 25% over the past week , insiders who sold CA$410k worth of stock over the past year have had less luck. Insiders would probably have been better off holding on to their shares given that the average selling price of CA$0.067 is still lower than the current share price.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for CleanTech Vanadium Mining

CleanTech Vanadium Mining Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the CEO & Executive Chairman, John R. Lee, sold CA$155k worth of shares at a price of CA$0.11 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (CA$0.045). So it may not tell us anything about how insiders feel about the current share price. John R. Lee was the only individual insider to sell shares in the last twelve months. Notably John R. Lee was also the biggest buyer, having purchased CA$313k worth of shares.

Happily, we note that in the last year insiders paid CA$313k for 5.58m shares. On the other hand they divested 6.13m shares, for CA$410k. John R. Lee sold a total of 6.13m shares over the year at an average price of CA$0.067. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

I will like CleanTech Vanadium Mining better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

CleanTech Vanadium Mining Insiders Bought Stock Recently

Over the last three months, we've seen a bit of insider buying at CleanTech Vanadium Mining. CEO & Executive Chairman John R. Lee bought CA$245k worth of shares in that time. But CEO & Executive Chairman John R. Lee sold CA$228k worth. It is nice to see that insiders have bought, but the quantum isn't large enough to get us excited.

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. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that CleanTech Vanadium Mining insiders own 16% of the company, worth about CA$1.0m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At CleanTech Vanadium Mining Tell Us?

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. We're a little cautious about the insider selling at CleanTech Vanadium Mining. The modest level of insider ownership is, at least, some comfort. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example - CleanTech Vanadium Mining has 4 warning signs we think 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.