Reversal Of Fortune For Abasca Resources Insiders Who Made A CA$4.79m Purchase
Some of the losses seen by insiders who purchased CA$4.79m worth of Abasca Resources Inc. ( CVE:ABA ) shares over the...
Some of the losses seen by insiders who purchased CA$4.79m worth of Abasca Resources Inc. (CVE:ABA) shares over the past year were recovered after the stock increased by 21% over the past week. However, the purchase is proving to be an expensive wager as insiders are yet to get ahead of their losses which currently stand at CA$1.3m since the time of purchase. Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery.
The best part - they are all under $10bn in marketcap - there is still time to get in early. The Last 12 Months Of Insider Transactions At Abasca Resources In the last twelve months, the biggest single purchase by an insider was when CEO, President & Director Dawn Zhou bought CA$1.6m worth of shares at a price of CA$0.16 per share. That means that an insider was happy to buy shares at above the current price of CA$0.12. It's very possible they regret the purchase, but it's more likely they are bullish about the company. 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 at a higher price. While Abasca Resources insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below! View our latest analysis for Abasca Resources TSXV:ABA Insider Trading Volume January 22nd 2026 There are plenty of other companies that have insiders buying up shares.
You probably do not want to miss this free list of undervalued small cap companies that insiders are buying. Insider Ownership Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that Abasca Resources insiders own 67% of the company, worth about CA$9.2m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
What Might The Insider Transactions At Abasca Resources Tell Us? It doesn't really mean much that no insider has traded Abasca Resources shares in the last quarter. However, our analysis of transactions over the last year is heartening. It would be great to see more insider buying, but overall it seems like Abasca Resources insiders are reasonably well aligned (owning significant chunk of the company's shares) and optimistic for the future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing.
When we did our research, we found 6 warning signs for Abasca Resources (5 shouldn't be ignored!) that we believe deserve your full attention. Story Continues But note: Abasca Resources may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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Simply Wall St has no position in any stocks mentioned.