New Pacific Metals Corp. (TSE:NUAG) stock most popular amongst retail investors who own 57%, while public companies hold 30%
In This Article:
Key Insights
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New Pacific Metals' significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public
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A total of 25 investors have a majority stake in the company with 43% ownership
A look at the shareholders of New Pacific Metals Corp. (TSE:NUAG) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are retail investors with 57% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
Meanwhile, public companies make up 30% of the company’s shareholders.
Let's take a closer look to see what the different types of shareholders can tell us about New Pacific Metals.
See 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.
We can see that New Pacific Metals does have institutional investors; and they hold a good portion of the company's stock. 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. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see New Pacific Metals' historic earnings and revenue below, but keep in mind there's always more to the story.
New Pacific Metals is not owned by hedge funds. Our data shows that Silvercorp Metals Inc. is the largest shareholder with 21% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 9.1% and 5.0%, of the shares outstanding, respectively.
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 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. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.