Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of Whitehorse Gold Corp. (CVE:WHG), that sends out a positive message to the company's shareholders.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

Check out our latest analysis for Whitehorse Gold

The Last 12 Months Of Insider Transactions At Whitehorse Gold

Over the last year, we can see that the biggest insider sale was by the insider, Yong-Jae Kim, for CA$69k worth of shares, at about CA$0.53 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (CA$0.47). So it is hard to draw any strong conclusion from it. Yong-Jae Kim was the only individual insider to sell shares in the last twelve months.

In the last twelve months insiders purchased 265.00k shares for CA$137k. On the other hand they divested 131.25k shares, for CA$69k. In total, Whitehorse Gold insiders bought more than they sold over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

Whitehorse Gold is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Whitehorse Gold Insiders Bought Stock Recently

Over the last three months, we've seen a bit of insider buying at Whitehorse Gold. Director Rui Feng purchased CA$29k worth of shares in that period. We like it when there are only buyers, and no sellers. However, in this case the amount invested recently is quite small.

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. From our data, it seems that Whitehorse Gold insiders own 9.8% of the company, worth about CA$2.5m. We do generally prefer see higher levels of insider ownership.

What Might The Insider Transactions At Whitehorse Gold Tell Us?

We note a that there has been a bit of insider buying recently (but no selling). That said, the purchases were not large. But insiders have shown more of an appetite for the stock, over the last year. The transactions are fine but it'd be more encouraging if Whitehorse Gold insiders bought more shares in the company. 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. To that end, you should learn about the 3 warning signs we've spotted with Whitehorse Gold (including 1 which is a bit concerning).

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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, but not derivative transactions.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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