Insider activity
Mayfair Gold Corp
Open-market and private equity trades over the last 12 months. Derivatives and opening balances excluded.
Full stock page →Recent transactions
| Date | Side | Name | Shares | Price |
|---|---|---|---|---|
| Jul 17, 26 | Buy | Muddy Waters Capital LLC Company · CA$205,230 | 60,000 | CA$3.42 |
| Jul 16, 26 | Buy | Muddy Waters Capital LLC Company · CA$67,264 | 20,000 | CA$3.36 |
| Jul 15, 26 | Buy | Muddy Waters Capital LLC Company · CA$83,935 | 25,000 | CA$3.36 |
| Jul 14, 26 | Buy | Muddy Waters Capital LLC Company · CA$91,770 | 28,500 | CA$3.22 |
| Jul 13, 26 | Buy | Muddy Waters Capital LLC Company · CA$177,120 | 54,000 | CA$3.28 |
| Jul 10, 26 | Buy | Muddy Waters Capital LLC Company · CA$9,268 | 2,800 | CA$3.31 |
Recent insider activity at Mayfair Gold Corp reveals significant buying interest, particularly from Muddy Waters Capital LLC, suggesting confidence in the company's future.
In the last two weeks, insiders at Mayfair Gold Corp (MFG.V) have invested over CA$625,000. With no shares sold during this period, the focus is entirely on the bullish sentiment expressed through these purchases. This article will delve into the details of these trades and what they might indicate about the company's prospects.
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Mayfair Gold Corp
MFG.V
MFG.V
Mayfair Gold Corp
WealthAwesomeMarket cap
$216.86M
52W high
$6.65
52W low
$3.19
1W change
+2.13%
Beta
0.34
Analyst Price Targets
Based on analyst covering MFG
Wall Street analysts forecast MFG stock price to rise 113.4% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$7.15
+113.4% Upside
Current Price
C$3.35
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MFG's historical volatility
30-Day Vol
51.6%
Annualized
90-Day Vol
55.7%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$2.80
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$3.16 | C$2.64 – C$3.77 |
| 60 trading days | C$2.97 | C$2.31 – C$3.83 |
| 90 trading days | C$2.80 | C$2.06 – C$3.81 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: While insider buying can be a positive signal, it's essential to approach such information with caution. The absence of selling activity adds to the bullish narrative but does not guarantee future performance.
Insiders Invested CA$625,319 in Mayfair Gold Corp
In total, insiders purchased 187,500 shares without any sales, reflecting a strong commitment to the company's future.
Bull case
The substantial insider buying, especially from a well-known entity like Muddy Waters Capital LLC, suggests a strong belief in the company's growth potential. This indicates that insiders are confident in the company's strategic direction and upcoming projects.
Bear case
Despite the positive signals from insider buying, it's important to remember that these transactions don’t guarantee success. Market conditions, operational challenges, or shifts in investor sentiment could still negatively impact the stock's performance.
Overview of Recent Insider Activity
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In the last 14 days, Mayfair Gold Corp has seen five significant insider trades, all purchases. The total investment reached CA$625,319, with the largest transaction being a buy of 60,000 shares by Muddy Waters Capital LLC at CA$3.42 per share. This pattern of buying, with no shares sold, suggests strong alignment among insiders regarding the company's future prospects.
Key Transactions and Their Implications
The most notable transaction during this period was Muddy Waters Capital LLC's purchase of 60,000 shares on July 17 for CA$205,230. This was part of a series of purchases that included additional buys of 25,000 shares at CA$3.36 and 20,000 shares at the same price just days prior. Such consistent buying activity can be seen as a sign of confidence in the company's direction, especially given the absence of any selling activity in this window.
What This Means for Investors
While insider buying can often be a positive indicator, it’s essential to remember that it isn't a definitive predictor of future performance. Investors should consider the broader market context, the company's operational health, and any potential risks before making investment decisions. The recent insider activity at Mayfair Gold Corp reflects optimism, but as always, caution is advised.
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