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Stock impact report

One New Found Gold Insider Raised Their Stake In The Previous Year [Yahoo! Finance]

New Found Gold Corp (NFGC) 
Company Research Source: Yahoo! Finance
This means that a larger number of shares were purchased by insiders in relation to shares sold. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether. View our latest analysis for New Found Gold New Found Gold Insider Transactions Over The Last Year In the last twelve months, the biggest single purchase by an insider was when insider Eric Sprott bought CA$5.0m worth of shares at a price of CA$5.27 per share. That means that an insider was happy to buy shares at above the current price of CA$5.12. Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good Show less Read more
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