Nasdaq
华尔街日报Insiders Of Terra Critical Minerals Are Up 14% On Their AU$1.01m Purchase
Terra Critical Minerals Limited (ASX:T92) insiders who purchased shares in the last 12 months were richly rewarded last week. The stock climbed by 20% resulting in a AU$1.2m addition to the company’s market value. In other words, the original AU$1.01m purchase is now worth AU$1.15m.
Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.
The Last 12 Months Of Insider Transactions At Terra Critical Minerals
In the last twelve months, the biggest single purchase by an insider was when insider Daniel Raihani bought AU$358k worth of shares at a price of AU$0.043 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of AU$0.048. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
Terra Critical Minerals insiders may have bought shares in the last year, but they didn't sell any. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
See our latest analysis for Terra Critical Minerals
Terra Critical Minerals is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.
Insider Ownership
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Terra Critical Minerals insiders own 46% of the company, currently worth about AU$3.3m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
So What Does This Data Suggest About Terra Critical Minerals Insiders?
It doesn't really mean much that no insider has traded Terra Critical Minerals shares in the last quarter. On a brighter note, the transactions over the last year are encouraging. It would be great to see more insider buying, but overall it seems like Terra Critical Minerals insiders are reasonably well aligned (owning significant chunk of the company's shares) and optimistic for the future. 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. Be aware that Terra Critical Minerals is showing 6 warning signs in our investment analysis, and 4 of those are potentially serious...
Of course Terra Critical Minerals 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.