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Stock impact report

Positive Signs As Multiple Insiders Buy Galiano Gold Stock [Yahoo! Finance]

Galiano Gold Inc. (GAU) 
Company Research Source: Yahoo! Finance
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. In the last twelve months, the biggest single sale by an insider was when the President, Matt Badylak, sold CA$441k worth of shares at a price of CA$3.14 per share. That means that an insider was selling shares at slightly below the current price (CA$3.61). When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. This single sale was just 47% of Matt Badylak's stake. Notably Matt Badylak was also the biggest buyer, having purchased CA$615k worth of Show less Read more
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