Peak Resources Insider ownership
What is the Insider ownership of Peak Resources?
The Insider ownership of Peak Resources Limited is 33.42%
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 Peak Resources
What does Peak Resources do?
Peak Rare Earths Limited engages in the exploration and evaluation of mineral licenses in Tanzania. The company explores for neodymium and praseodymium rare earth mixed oxides. It holds a 100% interest in the Ngualla Rare Earth project located in southern Tanzania. The company was formerly known as Peak Resources Limited and changed its name to Peak Rare Earths Limited in December 2021. Peak Rare Earths Limited was incorporated in 2005 and is based in Perth, Australia.
Companies with insider ownership similar to Peak Resources
- Byron has Insider ownership of 33.37%
- Oriental Watch has Insider ownership of 33.37%
- Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has Insider ownership of 33.38%
- Eguana Technologies has Insider ownership of 33.39%
- Randstad NV has Insider ownership of 33.40%
- TUI AG has Insider ownership of 33.41%
- Peak Resources has Insider ownership of 33.42%
- Shougang Fushan Resources has Insider ownership of 33.42%
- Taiga Motors has Insider ownership of 33.43%
- Ocado Plc has Insider ownership of 33.44%
- Jain Irrigation Systems has Insider ownership of 33.44%
- Visagar Polytex has Insider ownership of 33.45%
- Deltic Plc has Insider ownership of 33.46%