Ora Gold Insider Transactions Over The Last YearIn the last...

Ora Gold Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when insider Yoon Chin Chong bought AU$75k worth of shares at a price of AU$0.006 per share. That means that an insider was happy to buy shares at above the current price of AU$0.005. 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.

Ora Gold insiders may have bought shares in the last year, but they didn't sell any. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

Insiders At Ora Gold Have Bought Stock Recently

There was some insider buying at Ora Gold over the last quarter. Insiders shelled out AU$55k for shares in that time. It's great to see that insiders are only buying, not selling. But in this case the amount purchased means the recent transaction may not be very meaningful on its own.

Insider Ownership Of Ora Gold

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It appears that Ora Gold insiders own 29% of the company, worth about AU$10m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.