您现在的位置是:7 h f b q y k f i f s o x 0 q q q j y j h c c o u b > Exploration
【are pastors levites】Patrick Downey Is The President of Orezone Gold Corporation (CVE:ORE) And They Just Spent US$108k On Shares
7 h f b q y k f i f s o x 0 q q q j y j h c c o u b2024-09-29 12:23:39【Exploration】8人已围观
简介Whilst it may not be a huge deal, we thought it was good to see that theOrezone Gold Corporation(CVE are pastors levites
Whilst it may not be a huge deal,are pastors levites we thought it was good to see that the
Orezone Gold Corporation
(
CVE:ORE
) President, Patrick Downey, recently bought CA$108k worth of stock, for CA$0.54 per share. That might not be a big purchase but it only increased their holding by 4.7%, and could be interpreted as a good sign.
Check out our latest analysis for Orezone Gold
Orezone Gold Insider Transactions Over The Last Year
In fact, the recent purchase by President Patrick Downey was not their only acquisition of Orezone Gold shares this year. They previously made an even bigger purchase of CA$222k worth of shares at a price of CA$0.48 per share. That means that even when the share price was higher than CA$0.47 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.
While Orezone Gold insiders bought shares last year, they didn't sell. Their average price was about CA$0.55. These transactions suggest that insiders have considered the current price attractive. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
TSXV:ORE Recent Insider Trading, February 2nd 2020
Orezone Gold is not the only stock insiders are buying. So take a peek at this
free
list of growing companies with insider buying.
Insider Ownership of Orezone Gold
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data indicates that Orezone Gold insiders own about CA$7.5m worth of shares (which is 6.3% of the company). We do generally prefer see higher levels of insider ownership.
What Might The Insider Transactions At Orezone Gold Tell Us?
The recent insider purchases are heartening. And the longer term insider transactions also give us confidence. But we don't feel the same about the fact the company is making losses. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that Orezone Gold insiders are reasonably well aligned, and optimistic for the future. Along with insider transactions, I recommend checking if Orezone Gold is growing revenue. This free chart of
historic revenue and earnings should make that easy
.
Story continues
But note:
Orezone Gold may not be the best stock to buy
. So take a peek at this
free
list of interesting companies with high ROE 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, but not derivative transactions.
If you spot an error that warrants correction, please contact the editor at
. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.
View comments
很赞哦!(273)
相关文章
- Is the Options Market Predicting a Spike in Seagate (STX) Stock?
- SailPoint (SAIL) to Report Q3 Earnings: What's in the Offing?
- Sherwin-Williams (SHW): Strong Growth And Abundant Potential
- Freedom Trail and Black Heritage Trail Bring History Into Homes Near and Far
- Is AquaBounty Technologies (NASDAQ:AQB) Using Too Much Debt?
- Meal delivery firms branch out into groceries during crisis
- UPDATE 1-MSCI to quadruple weighting of China A-shares in its global benchmarks
- Has TerraForm Power (TERP) Outpaced Other Utilities Stocks This Year?
- Cheap oil prices likely to reduce inflationary pressures in India: government adviser
- Time To Worry? Analysts Are Downgrading Their Aubay Société Anonyme (EPA:AUB) Outlook
热门文章
- A Sliding Share Price Has Us Looking At Rexnord Corporation's (NYSE:RXN) P/E Ratio
- International Container Terminal Services, Inc. to Host Earnings Call
- Domino's (DPZ) Opens 17,000th Store, Expands in Australia
- Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Groupon, Inc. (GRPN)
站长推荐
Backend Benchmarking Publishes 17th Edition of The Robo Report Covering the 3rd Quarter of 2020
Imagine Owning ImmunoPrecise Antibodies (CVE:IPA) And Wondering If The 44% Share Price Slide Is Justified
Preview: Signet Jewelers's Earnings
Sherwin-Williams (SHW): Strong Growth And Abundant Potential
Canada job growth slows, impact of new lockdowns still to come
Calculating The Fair Value Of Motorola Solutions, Inc. (NYSE:MSI)
Retail sector companies turn to masks, gloves in coronavirus fight
Daseke Sees Flatbed Softness Continuing Through First Half Of 2020
友情链接
- US STOCKS-Bank, energy stocks lift Wall Street higher in choppy session
- Jaguar Health to Host Investor Call January 7th at 8 a.m. Eastern to Review 4Q'18 Performance
- Is It Time To Consider Buying Penske Automotive Group, Inc. (NYSE:PAG)?
- Nexans : Information on share capital and voting rights - DECEMBER 2018
- BIC Sport Divestiture Closing
- BRIEF-Zhongtian Financial's Unit, Partner Plan Project Company Worth 1.0 Bln Yuan For Property Project
- S&P 500 posts best January since '87, Dow best since '89
- Will eBay (EBAY) Beat Estimates Again in Its Next Earnings Report?
- Do You Like Guardian Capital Group Limited (TSE:GCG.A) At This P/E Ratio?
- What Should Investors Know About Ascott Residence Trust’s (SGX:A68U) Future?