Gold prices drop after insider trades

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Gold prices drop after insider trades

US gold futures traded lower this morning on Friday. The investors focused on some notable insider trades.

When insiders buy or sell shares, it indicates their confidence or concern about the company's prospects. There is a chance that investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.

The Trade: Precipio, Inc. CEO Danieli Ilan acquired a total of 11,000 shares at an average price of $0.87. The insider spent $9.57 thousand to buy those shares.

Here is our premarket coverage of Liberty Star Uranium Metals: Liberty Star Uranium Metals Corp is an Arizona-based mineral exploration company. It is engaged in the acquisition, exploration, and development of mineral properties in Arizona and southwest USA.