Whilst it may not be a huge deal, we thought it was good to see that the Forsys Metals Corp. (TSE:FSY) Independent Director, Pierfranco Malpenga, recently bought CA$96k worth of stock, for CA$0.28 per share. Although the purchase is not a big one, increasing their shareholding by only 8.6%, it can be interpreted as a good sign.

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The Last 12 Months Of Insider Transactions At Forsys Metals

In the last twelve months, the biggest single purchase by an insider was when Director Stefano Roma bought CA$2.8m worth of shares at a price of CA$0.50 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being CA$0.28). Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

While Forsys Metals 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 click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Check out our latest analysis for Forsys Metals

TSX:FSY Insider Trading Volume November 26th 2025

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Insider Ownership

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 7.1% of Forsys Metals shares, worth about CA$4.7m, according to our data. We do generally prefer see higher levels of insider ownership.

So What Does This Data Suggest About Forsys Metals Insiders?

The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Forsys Metals insiders are expecting a bright future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. At Simply Wall St, we've found that Forsys Metals has 4 warning signs (2 shouldn't be ignored!) that deserve your attention before going any further with your analysis.

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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.

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.