In This Article:
Key Insights
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The considerable ownership by individual investors in NGEx Minerals indicates that they collectively have a greater say in management and business strategy
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The top 25 shareholders own 45% of the company
If you want to know who really controls NGEx Minerals Ltd. (TSE:NGEX), then you'll have to look at the makeup of its share registry. With 55% stake, individual investors possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
As a result, individual investors as a group endured the highest losses last week after market cap fell by CA$88m.
Let's delve deeper into each type of owner of NGEx Minerals, beginning with the chart below.
View our latest analysis for NGEx Minerals
What Does The Institutional Ownership Tell Us About NGEx Minerals?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.
NGEx Minerals already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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 NGEx Minerals' earnings history below. Of course, the future is what really matters.
NGEx Minerals is not owned by hedge funds. Our data shows that Nemesia S.À R.L. is the largest shareholder with 37% of shares outstanding. With 1.8% and 1.6% of the shares outstanding respectively, Mirae Asset Global Investments Co., Ltd. and Jupiter Fund Management Plc are the second and third largest shareholders.
Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder.
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. There is some analyst coverage of the stock, but it could still become more well known, with time.
Insider Ownership Of NGEx Minerals
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.