Wesdome Gold Mines Ltd. (TSE:WDO) surges 11%; individual investors who own 52% shares profited along with institutions

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Key Insights

  • Significant control over Wesdome Gold Mines by individual investors implies that the general public has more power to influence management and governance-related decisions
  • The top 25 shareholders own 46% of the company
  • Recent purchases by insiders

If you want to know who really controls Wesdome Gold Mines Ltd. (TSE:WDO), then you’ll have to look at the makeup of its share registry. We can see that individual investors own the lion’s share in the company with 52% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

Following a 11% increase in the stock price last week, individual investors profited the most, but institutions who own 47% stock also stood to gain from the increase.

In the chart below, we zoom in on the different ownership groups of Wesdome Gold Mines.

View our latest analysis for Wesdome Gold Mines

TSX:WDO Ownership…

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