Individual investors invested in New Pacific Metals Corp. (TSE:NUAG) copped the brunt of last week’s CA$63m market cap decline

Date:

Key Insights

  • Significant control over New Pacific Metals by individual investors implies that the general public has more power to influence management and governance-related decisions
  • The top 5 shareholders own 51% of the company
  • 13% of New Pacific Metals is held by Institutions

Every investor in New Pacific Metals Corp. (TSE:NUAG) should be aware of the most powerful shareholder groups. We can see that individual investors own the lion’s share in the company with 41% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

And following last week’s 19% decline in share price, individual investors suffered the most losses.

In the chart below, we zoom in on the different ownership groups of New Pacific Metals.

Check out our latest analysis for New Pacific Metals

TSX:NUAG Ownership Breakdown January 31st 2024

What Does The Institutional Ownership Tell Us…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...