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Black Mammoth Metals Insider Buyers Net CA$756k Despite 11% Stock Decline
Black Mammoth Metals Insider Buyers Net CA$756k Despite 11% Stock Decline

Yahoo

time29-04-2025

  • Business
  • Yahoo

Black Mammoth Metals Insider Buyers Net CA$756k Despite 11% Stock Decline

Insiders who bought Black Mammoth Metals Corporation (CVE:BMM) stock lover the last 12 months are probably not as affected by last week's 11% loss. Reason being, despite the recent loss, insiders original purchase value of CA$300.0k is now worth CA$1.06m. While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether. We've discovered 4 warning signs about Black Mammoth Metals. View them for free. In the last twelve months, the biggest single purchase by an insider was when insider Olivier Tielens bought CA$300k worth of shares at a price of CA$0.50 per share. We do like to see buying, but this purchase was made at well below the current price of CA$1.76. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction! See our latest analysis for Black Mammoth Metals Black Mammoth Metals is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying. Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that Black Mammoth Metals insiders own 34% of the company, worth about CA$21m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders. The fact that there have been no Black Mammoth Metals insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. Insiders do have a stake in Black Mammoth Metals and their transactions don't cause us concern. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For instance, we've identified 4 warning signs for Black Mammoth Metals (3 are a bit concerning) you should be aware of. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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.

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