Denarius Metals Insiders Up US$1.5m On US$6.15m Investment

Insiders who purchased Denarius Metals Corp. (CVE:DSLV) shares in the past 12 months are unlikely to be deeply impacted by the stock's 12% decline over the past week. Even after accounting for the recent loss, the US$6.15m worth of stock purchased by them is now worth US$7.63m or in other words, their investment continues to give good returns.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

Check out our latest analysis for Denarius Metals

The Last 12 Months Of Insider Transactions At Denarius Metals

Earlier in the year, Executive Chairman & CEO Serafino Iacono paid CA$0.40 per share in a CA$2.3m purchase. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of CA$0.52. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

While Denarius Metals insiders bought shares during the last year, they didn't sell. 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!

Denarius Metals is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insiders At Denarius Metals Have Bought Stock Recently

It's good to see that Denarius Metals insiders have made notable investments in the company's shares. We can see that Executive Chairman & CEO Serafino Iacono paid CA$451k for shares in the company. No-one sold. That shows some optimism about the company's future.

Does Denarius Metals Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Insiders own 24% of Denarius Metals shares, worth about CA$7.8m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Denarius Metals Insiders?

The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Insiders likely see value in Denarius Metals shares, given these transactions (along with notable insider ownership of the company). 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. At Simply Wall St, we've found that Denarius Metals has 4 warning signs (2 don't sit too well with us!) that deserve your attention before going any further with your analysis.

But note: Denarius Metals may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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.