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Stock impact report

Pleasing Signs As A Number Of Insiders Buy Galiano Gold Stock [Yahoo! Finance]

Galiano Gold Inc. (GAU) 
Company Research Source: Yahoo! Finance
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing. See our latest analysis for Galiano Gold Galiano Gold Insider Transactions Over The Last Year The Independent Chairman Paul Wright made the biggest insider purchase in the last 12 months. That single transaction was for CA$233k worth of shares at a price of CA$1.43 each. That means that even when the share price was higher than CA$1.24 (the recent price), an insider wanted to purchase shares. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. 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 Show less Read more
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