When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Horizon Copper Corp.’s (CVE:HCU) instance, it’s good news for shareholders.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
View our latest analysis for Horizon Copper
Horizon Copper Insider Transactions Over The Last Year
The Independent Chairman of the Board Nolan Watson made the biggest insider purchase in the last 12 months. That single transaction was for CA$371k worth of shares at a price of CA$0.75 each. That means that an insider was happy to buy shares at above the current price of CA$0.60. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company’s…
