Copper Fox Metals Insiders Land Bargain With Gains Of CA$318k

Insiders who bought Copper Fox Metals Inc. (CVE:CUU) stock lover the last 12 months are probably not as affected by last week’s 12% loss. After taking the recent loss into consideration, the CA$1.28m worth of stock they bought is now worth CA$1.60m, indicating that their investment yielded a positive return.

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 Copper Fox Metals

The Last 12 Months Of Insider Transactions At Copper Fox Metals

In the last twelve months, the biggest single purchase by an insider was when Independent Director Ernesto Echavarria bought CA$1.2m worth of shares at a price of CA$0.20 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of CA$0.25. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

Happily, we note that in the last year insiders paid CA$1.3m for 6.39m shares. But they sold 1.65m shares for CA$744k. In total, Copper Fox Metals insiders bought more than they sold over 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!

Copper Fox Metals is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Insiders At Copper Fox Metals Have Sold Stock Recently

We've seen more insider selling than insider buying at Copper Fox Metals recently. In total, Independent Director R. Mackay-Dunn sold CA$692k worth of shares in that time. Meanwhile Additional Director Manuel Gomez bought CA$4.9k worth. Since the selling really does outweigh the buying, we'd say that these transactions may suggest that some insiders feel the shares are not cheap.

Does Copper Fox Metals Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Copper Fox Metals insiders own about CA$88m worth of shares (which is 59% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Copper Fox Metals Tell Us?

The insider sales have outweighed the insider buying, at Copper Fox Metals, in the last three months. On the other hand, the insider transactions over the last year are encouraging. We are also comforted by the high levels of insider ownership. So we're not too bothered by recent selling. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Copper Fox Metals. Every company has risks, and we've spotted 4 warning signs for Copper Fox Metals (of which 3 are concerning!) you should know about.

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