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Stock impact report

Insiders Are Scooping Up Shares of a Miner, a Driller, and a Biotech [Yahoo! Finance]

Hycroft Mining Holding Corporation - Class A (HYMC) 
Company Research Source: Yahoo! Finance
While insider buying is typically slower when markets are near all-time highs and when earnings-reporting season is in full swing, it never seems to dry up altogether. A few notable purchases in the past week or so attest to this. A beneficial owner took advantage of a public offer to increase a stake in a gold and silver miner, while another showed some love for a struggling offshore driller. The chief executives of a biotech also continued acquiring shares. Let's take a quick look at these notable transactions in the past week or so. Is Insider Buying Important? frender / iStock via Getty Images What does insider buying tell us? A well-known adage reminds us that corporate insiders and 10% owners really only buy shares of a company because they believe the stock price will rise and they want to profit from it. Thus, insider buying can be an encouraging signal for potential investors. This is all the more so during times of uncertainty in the markets, and even when markets Show less Read more
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