In This Article:
Key Insights
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Significant insider control over Bravo Mining implies vested interests in company growth
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The top 2 shareholders own 58% of the company
If you want to know who really controls Bravo Mining Corp. (CVE:BRVO), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 53% to be precise, is individual insiders. Put another way, the group faces the maximum upside potential (or downside risk).
And looking at our data, we can see that insiders have bought shares recently. This might indicate that they expect share prices to rise in the near future.
Let's take a closer look to see what the different types of shareholders can tell us about Bravo Mining.
Check out our latest analysis for Bravo Mining
What Does The Institutional Ownership Tell Us About Bravo Mining?
Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.
Bravo Mining already has institutions on the share registry. Indeed, they own a respectable stake in the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Bravo Mining's earnings history below. Of course, the future is what really matters.
Bravo Mining is not owned by hedge funds. The company's CEO Luis de Azevedo is the largest shareholder with 48% of shares outstanding. With 9.5% and 4.2% of the shares outstanding respectively, BlackRock, Inc. and Franklin Resources, Inc. are the second and third largest shareholders.
A more detailed study of the shareholder registry showed us that 2 of the top shareholders have a considerable amount of ownership in the company, via their 58% stake.
While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track.
Insider Ownership Of Bravo Mining
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.