When corporate related persons buy securities from publicly traded corporations, they should look closely at
So-called "directors’ dealings" or insider trading are subject to a reporting requirement both to the company’s own board of directors and to Bafin. If supervisory board members, management board members or executives buy shares, this is positive. After all, the shares are bought in order to make a profit. This is especially true if the purchase was made directly and with the company’s own money. It shows that the buyer is convinced of the company and its progress. While it is no guarantee that share prices will go up, it is worth taking a closer look. Perhaps multiple insiders bought or one insider repeated. Insider sales can also allow conclusions to be drawn. However, it is important to observe exactly why they sold and how much.
An example of a company where there has been insider buying is Fury Gold Mines -. https://www.commodity-tv.com/play/fury-gold-mines-well-financed-for-2023-with-new-drill-targets-at-lac-clarkie/. The company owns three properties in Quebec and in Nunavut. In 2022, insiders put down nearly half a million U.S. dollars for stock purchases, with CEO Tim Clark doing the most. Clark now owns a total of 500,000 shares, or 0.4 percent of all outstanding shares. But it certainly wasn’t just the insider buying here, but also the encouraging news that kept the share price strong. The Eau Claire project in Quebec convinces with a very good preliminary economic valuation and excellent drill results (up to a good 22 grams of gold per ton of rock). Further engagements of Fury Gold Mines also seem to be under a good star. Also at Sibanye-Stillwater – https://www.commodity-tv.com/play/sibanye-stillwater-strong-outlook-for-2023-with-diversified-metal-production/ – there was a recent share purchase by CEO and Executive Director Neal Froneman (274,000 shares). The Sibanye-Stillwater group produces gold, platinum, palladium and rhodium as well as other raw materials. The company is also active in the field of battery metals and recycling.
Current corporate information and press releases from Fury Gold Mines (https://www.resource-capital.ch/de/unternehmen/fury-gold-mines-ltd/) and Sibanye-Stillwater (https://www.resource-capital.ch/de/unternehmen/sibanye-stillwater-ltd/).
In accordance with §34 of the German Securities Trading Act (WpHG), I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.
Disclaimer: The information provided does not constitute any form of recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be accepted for any damages arising from the use of this blog. I would like to point out that shares and especially warrant investments are fundamentally associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make a mistake, especially with regard to figures and prices. The information contained is taken from sources that are considered reliable, but in no way claim to be correct or complete. Due to judicial decisions the contents of linked external pages are to be answered for (so among other things regional court Hamburg, in the judgement of 12.05.1998 – 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG
applies additionally: https://www.resource-capital.ch/de/disclaimer-agb/
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