Renaud Adams

Renaud Adams is a declared insider of Richmont Mines Inc., with filings sourced from SEDI. In total, 14 filings cover trades dated from 7 June 2016 to 18 August 2017.

In open-market terms, that means 3 purchases worth €127k on one side and 5 sales worth €1.0M on the other. The net balance comes to €892k on the selling side. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Besides market trades, the filings include 5 option exercises. In 2017 alone, the filings show 2 purchases and 4 sales.

A typical purchase (the median) is worth €33k. Across 3 purchases, this insider has always bought alone, with no colleague buying within 30 days.

The newest entry dates from 23 August 2017: an option exercise of €49k, in Richmont Mines Inc. The most recent open-market purchase was published on 16 August 2017, 3,359 days ago. Between a trade and the moment it shows up on SEDI, the median delay is 1 day. The shorter that gap, the sooner other investors can see what insiders have done. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. Source: insider filings from SEDI. Past trades are no guide to future returns.