Gold Resource Corporation
US ˙ NYSEAM ˙ US38068T1051

Introduction

This page provides a comprehensive analysis of the known insider trading history of John A Labate. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate John A Labate has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:XPL / Solitario Resources Corp. Director 265,000
US:GORO / Gold Resource Corporation Chief Financial Officer 35,944
US:MDW / Chief Financial Officer 200,000
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by John A Labate. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases GORO / Gold Resource Corporation - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in GORO / Gold Resource Corporation. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

GORO / Gold Resource Corporation Insider Trades
Insider Sales GORO / Gold Resource Corporation - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in GORO / Gold Resource Corporation. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
2018-06-20 GORO LABATE JOHN A 60,000 6.4900 60,000 6.4900 389,400 343 2.7800 -222,600 -57.16
2016-09-12 GORO LABATE JOHN A 50,000 6.0900 50,000 6.0900 304,500

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

GORO / Gold Resource Corporation Insider Trades
Insider Purchases XPL / Solitario Resources Corp. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in GORO / Gold Resource Corporation. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
2018-05-07 XPL LABATE JOHN A 10,000 0.4370 10,000 0.4370 4,370 16 0.4399 29 0.66

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

XPL / Solitario Resources Corp. Insider Trades
Insider Sales XPL / Solitario Resources Corp. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in GORO / Gold Resource Corporation. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
2025-04-01 xpl LABATE JOHN A 41,667 0.6000 41,667 0.6000 25,000 7 0.5470 -2,208 -8.83

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

XPL / Solitario Resources Corp. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by John A Labate as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change
Share
Price
Tran
Value
Remaining
Value
2025-04-02 2025-04-01 4 xpl SOLITARIO RESOURCES CORP.
commmon
X - Other 125,000 265,000 89.29 0.20 25,000 53,000
2025-04-02 2025-04-01 4 xpl SOLITARIO RESOURCES CORP.
commmon
S - Sale -41,667 223,333 -15.72 0.60 -25,000 134,000
2023-10-30 2023-10-30 4 xpl SOLITARIO RESOURCES CORP.
commmon
X - Other 130,000 140,000 1,300.00 0.31 40,300 43,400
2020-04-16 2020-04-02 4 XPL SOLITARIO ZINC CORP.
Stock Option
A - Award 125,000 455,000 37.88 0.20 25,000 91,000
2019-12-11 2019-12-09 4 GORO GOLD RESOURCE CORP
Restricted Stock Units
A - Award 35,944 35,944
2019-08-19 2019-08-15 4 GORO GOLD RESOURCE CORP
Restricted Stock Units
M - Exercise -4,191 8,382 -33.33
2019-08-19 2019-08-15 4 GORO GOLD RESOURCE CORP
Restricted Stock Units
M - Exercise -3,345 3,346 -49.99
2019-08-19 2019-08-15 4 GORO GOLD RESOURCE CORP
Common Stock
M - Exercise 4,191 28,816 17.02
2019-08-19 2019-08-15 4 GORO GOLD RESOURCE CORP
Common Stock
M - Exercise 3,345 24,625 15.72
2019-08-12 2019-08-08 4 GORO GOLD RESOURCE CORP
Restricted Stock Units
M - Exercise -5,979 0 -100.00
2019-08-12 2019-08-08 4 GORO GOLD RESOURCE CORP
Common Stock
M - Exercise 5,979 21,280 39.08
2018-11-05 2018-11-01 4 XPL SOLITARIO ZINC CORP.
Non-Qualified Stock Option
A - Award 130,000 330,000 65.00 0.31 40,300 102,300
2018-08-16 2018-08-15 4 GORO GOLD RESOURCE CORP
Restricted Stock Units
M - Exercise -3,345 6,691 -33.33
2018-08-16 2018-08-15 4 GORO GOLD RESOURCE CORP
Common Stock
M - Exercise 3,345 15,301 27.98
2018-08-03 2018-08-02 4 GORO GOLD RESOURCE CORP
Restricted Stock Units
M - Exercise -5,978 5,979 -50.00
2018-08-03 2018-08-02 4 GORO GOLD RESOURCE CORP
Common Stock
M - Exercise 5,978 11,956 100.00
2018-07-17 2018-07-14 4 GORO GOLD RESOURCE CORP
Stock Option (right to buy)
A - Award 31,200 31,200
2018-07-17 2018-07-14 4 GORO GOLD RESOURCE CORP
Restricted Stock Units
A - Award 12,573 12,573
2018-06-28 2018-06-19 4 XPL SOLITARIO ZINC CORP.
Stock Options
A - Award 200,000 200,000 0.77 154,000 154,000
2018-06-21 2018-06-20 4 GORO GOLD RESOURCE CORP
Stock Option (Right to Buy)
M - Exercise -60,000 90,000 -40.00
2018-06-21 2018-06-20 4 GORO GOLD RESOURCE CORP
Common Stock
S - Sale -60,000 5,978 -90.94 6.49 -389,400 38,797
2018-06-21 2018-06-20 4 GORO GOLD RESOURCE CORP
Common Stock
M - Exercise 60,000 65,978 1,003.68 2.30 138,000 151,749
2018-05-07 2018-05-07 4 XPL SOLITARIO ZINC CORP.
Common Stock
P - Purchase 10,000 10,000 0.44 4,370 4,370
2017-08-04 2017-08-03 4 GORO GOLD RESOURCE CORP
Restricted Stock Units
M - Exercise -5,978 11,957 -33.33
2017-08-04 2017-08-03 4 GORO GOLD RESOURCE CORP
Common Stock
M - Exercise 5,978 5,978
2017-07-06 2017-07-03 4 GORO GOLD RESOURCE CORP
Stock Option (right to buy)
A - Award 24,000 24,000
2017-07-06 2017-07-03 4 GORO GOLD RESOURCE CORP
Restricted Stock Units
A - Award 10,036 10,036
2016-10-11 2016-07-06 4/A GORO GOLD RESOURCE CORP
Restricted Stock Units
A - Award 17,935 17,935
2016-09-14 2016-09-12 4 GORO GOLD RESOURCE CORP
Stock Option (right to buy)
M - Exercise -50,000 150,000 -25.00
2016-09-14 2016-09-12 4 GORO GOLD RESOURCE CORP
Common Stock
S - Sale -50,000 0 -100.00 6.09 -304,500
2016-09-14 2016-09-12 4 GORO GOLD RESOURCE CORP
Common Stock
M - Exercise 50,000 50,000 2.30 115,000 115,000
2016-07-08 2016-07-06 4 GORO GOLD RESOURCE CORP
Stock Option (right to buy)
A - Award 45,000 45,000
2016-07-08 2016-07-06 4 GORO GOLD RESOURCE CORP
Restricted Stock Units
A - Award 17,935 17,935
2016-03-21 2016-03-16 4 GORO GOLD RESOURCE CORP
Stock Option (Right to Buy)
A - Award 90,000 90,000
2015-09-11 2015-09-09 4 GORO GOLD RESOURCE CORP
Stock Option (right to buy)
A - Award 200,000 200,000
2013-05-01 2013-04-30 4 MDW Midway Gold Corp
Employee Stock Option (Right to Buy)
A - Award 200,000 200,000
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)