Bullish Almonty Industries Insiders Loaded Up On CA$1.55m Of Stock

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When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Almonty Industries Inc.'s (TSE:AII) instance, it's good news for shareholders.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for Almonty Industries

Almonty Industries Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Non-Independent Director Daniel D'Amato for CA$508k worth of shares, at about CA$0.46 per share. Even though the purchase was made at a significantly lower price than the recent price (CA$0.88), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

While Almonty Industries insiders bought shares during the last year, they didn't sell. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership Of Almonty Industries

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. Insiders own 18% of Almonty Industries shares, worth about CA$40m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About Almonty Industries Insiders?

The fact that there have been no Almonty Industries 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 Almonty Industries and their transactions don't cause us concern. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Almonty Industries. Our analysis shows 2 warning signs for Almonty Industries (1 is significant!) and we strongly recommend you look at them before investing.