Insiders at Galantas Gold Corporation (CVE:GAL) sold CA$38m worth of stock at an average price of CA$0.42 a share over the past year, making the most of their investment. The company’s market valuation decreased by CA$84m after the stock price dropped 17% over the past week, but insiders were spared from painful losses.

Although we don’t think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

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The Last 12 Months Of Insider Transactions At Galantas Gold

Over the last year, we can see that the biggest insider sale was by the insider,…