Insider activity
Summit Royalties Ltd
Open-market and private equity trades over the last 12 months. Derivatives and opening balances excluded.
Recent transactions
| Date | Side | Name | Shares | Price |
|---|---|---|---|---|
| Jul 30, 26 | Buy | Mills, Russell Individual · CA$100,500 | 75,000 | CA$1.34 |
| Jan 07, 26 | Buy | Annett, Jerrold Individual · CA$102,300 | 66,000 | CA$1.55 |
| Jan 06, 26 | Buy | Annett, Jerrold Individual · CA$136,382 | 88,000 | CA$1.55 |
| Jan 05, 26 | Buy | Annett, Jerrold Individual · CA$241,474 | 155,800 | CA$1.55 |
| Jan 02, 26 | Buy | Annett, Jerrold Individual · CA$32,918 | 21,800 | CA$1.51 |
| Dec 30, 25 | Buy | Annett, Jerrold Individual · CA$115,580 | 78,000 | CA$1.48 |
Recent insider activity at Summit Royalties Ltd suggests a notable confidence in the company's future.
In the last two weeks, insiders at Summit Royalties Ltd (SUM.V) have made a significant investment, with Russell Mills purchasing 75,000 shares valued at approximately CA$100,500. This transaction stands out as the only insider activity during this period, indicating a strong commitment to the company's prospects.
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Summit Royalties Ltd
SUM.V
SUM.V
Summit Royalties Ltd
WealthAwesomeMarket cap
$136.19M
P/E
16.6x
52W high
$1.90
52W low
$1.09
1W change
+3.05%
Analyst Price Targets
Based on analyst covering SUM
Wall Street analysts forecast SUM stock price to rise 103.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$2.75
+103.7% Upside
Current Price
C$1.35
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 SUM's historical volatility
30-Day Vol
23.1%
Annualized
90-Day Vol
38.4%
Annualized
Trend (90d)
-32.9%
Annualized drift
90d Mean
C$1.20
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$1.30 | C$1.20 – C$1.41 |
| 60 trading days | C$1.25 | C$1.12 – C$1.40 |
| 90 trading days | C$1.20 | C$1.05 – C$1.38 |
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 regarding a company's outlook, it's essential for investors to consider this information as part of a broader analysis rather than a definitive indicator of future performance.
Insider Purchase Totals CA$100,500
Russell Mills' acquisition of 75,000 shares at CA$1.34 indicates a strong belief in the company's future prospects.
Bull case
Russell Mills' recent purchase may show his confidence in Summit Royalties Ltd's growth potential. This suggests that insiders believe the current share price is a good buying opportunity.
Bear case
However, insider buying alone doesn’t guarantee future success. Investors should remain cautious and consider other factors that could influence the company's performance.
Recent Insider Activity
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In a recent insider filing, Russell Mills made a notable purchase of 75,000 shares of Summit Royalties Ltd at a price of CA$1.34 per share, totaling approximately CA$100,500. This transaction, which occurred on July 30, 2026, is the only insider activity reported in the last two weeks. The absence of any sales during this period could suggest a strong alignment between the insiders' interests and the company's future performance.
What This Could Mean
Insider buying can often be interpreted as a positive signal, indicating that those with the most intimate knowledge of the company believe its stock is undervalued or that it is poised for growth. In the case of Summit Royalties Ltd, the substantial purchase by Mills may reflect confidence in the company's strategic direction and potential for future success. However, it's crucial to remember that insider transactions should be viewed in context; they do not provide a guarantee of performance.
Considerations for Investors
While the recent insider purchase at Summit Royalties Ltd may inspire optimism, investors should conduct thorough due diligence. Factors such as overall market conditions, company fundamentals, and sector performance should all be considered alongside insider activity. Insider buying can be a signal, but it should not be the sole basis for investment decisions.
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