Cygnus Gold Insider ownership
What is the Insider ownership of Cygnus Gold?
The Insider ownership of Cygnus Gold Limited is 45.68%
What is the definition of Insider ownership?
Insider Ownership is calculated as the total number of shares owned by insiders (shareholders who own more than 5% of the corporation or an officer or director of the company) divided by the total Shares Outstanding.
A high value of insider ownership means that those working for the company have a large stake in the success of the company. This is sometimes seen as a sign that those running the company will work hard to ensure its success or believe the company's stock price will rise.
A change in insider ownership may come from exercise of option, stock grant and buying or selling of company shares. A purchase of company share signifies a confidence in the company's future performance by people who know the company best. Therefore, Net Insider buying is also an important indicator for investors.
Insider ownership of companies in the Materials sector on ASX compared to Cygnus Gold
What does Cygnus Gold do?
Cygnus Gold Limited engages in the discovery and exploration of gold and base metals deposits in the Southwest Yilgarn of Western Australia. It also explores for lead, zinc, copper, and nickel deposits. The company's flagship project is the Stanley project covering an area of approximately 160 square kilometers located approximately 60km northeast of the Wheatbelt town of Katanning, Western Australia. It also holds interests in projects located in the northeast of Perth; east-northeast of Merredin; and Central Yilgarn of Western Australia. The company was formerly known as Craton Gold Pty Ltd and changed its name to Cygnus Gold Limited in November 2016. Cygnus Gold Limited was incorporated in 2015 and is headquartered in West Perth, Australia.
Companies with insider ownership similar to Cygnus Gold
- New World Development has Insider ownership of 45.65%
- Xingda International has Insider ownership of 45.66%
- HIL has Insider ownership of 45.66%
- Paramount Resources has Insider ownership of 45.67%
- Paramount Resources has Insider ownership of 45.67%
- First Mexican Gold has Insider ownership of 45.67%
- Cygnus Gold has Insider ownership of 45.68%
- Merchants Bancorp has Insider ownership of 45.69%
- Downing Strategic Micro-Cap Investment Trust Plc has Insider ownership of 45.69%
- Fng Nv has Insider ownership of 45.70%
- Jewett-Cameron Trading has Insider ownership of 45.70%
- Morses Club PLC has Insider ownership of 45.72%
- Traka Resources has Insider ownership of 45.72%