Xanadu Mines Insider ownership
What is the Insider ownership of Xanadu Mines?
The Insider ownership of Xanadu Mines Limited is 38.24%
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 TSX compared to Xanadu Mines
What does Xanadu Mines do?
Xanadu Mines Limited engages in the exploration and development of various mineral projects in Mongolia. The company primarily explores for copper and gold deposits. Its flagship project is the Kharmagtai copper-gold project located in Omnogovi province to the southeast of Ulaanbaatar. The company also holds interest in the Red Mountain copper-gold project located in the Dornogovi Province of southern Mongolia. Xanadu Mines Limited has a strategic partnership with Zijin Mining Group Co., Ltd to progress the Kharmagtai copper-gold project through its next phase of project evaluation and decision on future development. The company was incorporated in 2005 and is headquartered in Sydney, Australia.
Companies with insider ownership similar to Xanadu Mines
- Venus Remedies has Insider ownership of 38.19%
- Wenye Ltd has Insider ownership of 38.21%
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- SolidusGold has Insider ownership of 38.22%
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- Xanadu Mines has Insider ownership of 38.24%
- State Gas has Insider ownership of 38.25%
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