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Formation Metals Inc. Stock: price and insider trades · Canada
CA·Mcap CA$44.3M
Formation Metals Inc.: what insiders have been doing
Formation Metals Inc. is a listed company. Filings by its managers are published through SEDI. The last twelve months, up to 18 October 2026, brought 3 filings signed by 2 insiders.
Every open-market trade in the period is a purchase: 3 purchases worth €20k, from 2 insiders, and not a single sale. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Biggest ticket of the year: €11k, bought by Varshney, Navin Kumar and made public on 22 September 2026 (0.038% of market cap). Among those who bought: 2 senior executives.
The last insider purchase was made public on 14 October 2026, 3 days ago. Publication is fast: at least half of the trades appear on SEDI on the same day. This delay matters because a trade only becomes useful information once it is public.
For context, the typical company on the same exchange (median of 2,125 companies) published 12 filings over the same period, against 3 filings here. Since 2026, the database holds 3 purchases and no sales by insiders of the company.
These figures are compiled from regulatory filings published by SEDI. They describe what insiders did and are not a recommendation.
Insider Decl.
3
Thresholds
n/a
Buy Volume
€19,528
3 ops. · all time
Sell Volume
n/a
n/a
Who traded when
BuySaleDeepak Varshney2 buys
Navin Kumar Varshney1 buy
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Financial data
as of FY 2026FY ended March 2026 · cache
CA$0.30
Analyst consensus
Income statement
EBITDA-CA$7.7M
Net income-CA$7.3M0.0% margin
Valuation
P/Book2.2x
Balance sheet & cash
Market capCA$44.3M
Free Cash Flow-CA$10.3M
Profitability & ownership
ROE-90.3%
ROA-32.9%
% insiders1.1%
% institutions0.0%
Last declaration on 14 October 2026
Declarations3 total
25,000 shares@ CA$0.28Common SharesTSXSEDI:4790965
Canonical exit: 12 Jan 2027 (T+90)
25,000 shares@ CA$0.26Common SharesTSXSEDI:4790964
Canonical exit: 12 Jan 2027 (T+90)
50,000 shares@ CA$0.35540.038% mcap100.0% of flowCommon SharesTSXSEDI:4780341
Canonical exit: 21 Dec 2026 (T+90)
3 of 3 declarations
About Formation Metals Inc.
Formation Metals Inc. is a Canadian mining company focused on the exploration and development of precious and base metal projects. It is listed on the Toronto Stock Exchange (XTSE).
