Individual investors account for 41% of New Pacific Metals Corp.'s (TSE:NUAG) ownership, while public companies account for 38%
In This Article:
Key Insights
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Significant control over New Pacific Metals by individual investors implies that the general public has more power to influence management and governance-related decisions
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The top 5 shareholders own 51% of the company
Every investor in New Pacific Metals Corp. (TSE:NUAG) should be aware of the most powerful shareholder groups. With 41% stake, individual investors possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).
And public companies on the other hand have a 38% ownership in the company.
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
What Does The Institutional Ownership Tell Us About New Pacific Metals?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
As you can see, institutional investors have a fair amount of stake in New Pacific Metals. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. 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 New Pacific Metals' earnings history below. Of course, the future is what really matters.
Hedge funds don't have many shares in New Pacific Metals. Silvercorp Metals Inc. is currently the company's largest shareholder with 26% of shares outstanding. Pan American Silver Corp. is the second largest shareholder owning 12% of common stock, and Rui Feng holds about 6.2% of the company stock.
Our research also brought to light the fact that roughly 51% of the company is controlled by the top 5 shareholders suggesting that these owners wield significant influence on the business.
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There is some analyst coverage of the stock, but it could still become more well known, with time.
Insider Ownership Of New Pacific Metals
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.