In This Article:
Key Insights
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The considerable ownership by individual investors in Chalice Mining indicates that they collectively have a greater say in management and business strategy
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44% of the business is held by the top 25 shareholders
Every investor in Chalice Mining Limited (ASX:CHN) should be aware of the most powerful shareholder groups. With 55% stake, individual investors possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).
While institutions who own 30% came under pressure after market cap dropped to AU$447m last week,individual investors took the most losses.
In the chart below, we zoom in on the different ownership groups of Chalice Mining.
Check out our latest analysis for Chalice Mining
What Does The Institutional Ownership Tell Us About Chalice Mining?
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.
Chalice Mining 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. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Chalice Mining, (below). Of course, keep in mind that there are other factors to consider, too.
Hedge funds don't have many shares in Chalice Mining. Our data shows that Timothy Rupert Goyder is the largest shareholder with 10% of shares outstanding. For context, the second largest shareholder holds about 6.6% of the shares outstanding, followed by an ownership of 4.8% by the third-largest shareholder. In addition, we found that Alexander Dorsch, the CEO has 1.5% of the shares allocated to their name.
On studying our ownership data, we found that 25 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest.
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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
Insider Ownership Of Chalice Mining
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. 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.