CanAlaska Uranium Insiders May Regret Not Buying More, Market Cap Hits CA$126m

Source: Shutterstock Last week, CanAlaska Uranium Ltd. ( CVE:CVV ) insiders, who had purchased shares in the previous 12 months were rewarded handsomely. The shares increased by 11% last week, resulting in a CA$13m increase in the company’s market worth, implying a 77% gain on their initial purchase. As a result, the stock they originally bought for CA$106.1k is now worth CA$188.0k.

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.

See our latest analysis for CanAlaska Uranium CanAlaska Uranium Insider Transactions Over The Last Year

In fact, the recent sale by Nathan Bridge was the biggest sale of CanAlaska Uranium shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at below […]

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