PPX Mining Executive Chairman Acquires 36% More Stock

Even if it's not a huge purchase, we think it was good to see that Brian Imrie, the Executive Chairman of PPX Mining Corp. (CVE:PPX) recently shelled out CA$90k to buy stock, at CA$0.045 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 36%.

Check out our latest analysis for PPX Mining

PPX Mining Insider Transactions Over The Last Year

Notably, that recent purchase by Brian Imrie is the biggest insider purchase of PPX Mining shares that we've seen in the last year. We do like to see buying, but this purchase was made at well below the current price of CA$0.07. 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.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

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 PPX Mining

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. PPX Mining insiders own about CA$20m worth of shares (which is 44% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At PPX Mining Tell Us?

It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about PPX Mining. Looks promising! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing PPX Mining. For example, PPX Mining has 6 warning signs (and 4 which make us uncomfortable) we think you should know about.

Of course PPX Mining may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

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.