Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of Carlin Gold Corporation (CVE:CGD), that sends out a positive message to the company’s shareholders.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
See our latest analysis for Carlin Gold
The Last 12 Months Of Insider Transactions At Carlin Gold
The President Kent Livingstone made the biggest insider purchase in the last 12 months. That single transaction was for CA$242k worth of shares at a price of CA$0.15 each. That means that an insider was happy to buy shares at above the current price of CA$0.15. While their view may have changed since the purchase was made, this…
