Key Insights
- The considerable ownership by retail investors in Foran Mining indicates that they collectively have a greater say in management and business strategy
- The top 25 shareholders own 40% of the company
- Institutional ownership in Foran Mining is 24%
To get a sense of who is truly in control of Foran Mining Corporation (TSE:FOM), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 60% to be precise, is retail investors. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
While retail investors were the group that benefitted the most from last week’s CA$90m market cap gain, institutions too had a 24% share in those profits.
In the chart below, we zoom in on the different ownership groups of Foran Mining.
Check out our latest analysis for Foran Mining
