The considerable ownership by retail investors in CanAlaska Uranium indicates that they collectively have a greater say in management and business strategy
To get a sense of who is truly in control of CanAlaska Uranium Ltd. (CVE:CVV), it is important to understand the ownership structure of the business. We can see that retail investors own the lion's share in the company with 60% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
While retail investors were the group that reaped the most benefits after last week’s 23% price gain, institutions also received a 35% cut.
Let's take a closer look to see what the different types of shareholders can tell us about CanAlaska Uranium.
What Does The Institutional Ownership Tell Us About CanAlaska Uranium?
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.
CanAlaska Uranium already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. 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 CanAlaska Uranium, (below). Of course, keep in mind that there are other factors to consider, too.
TSXV:CVV Earnings and Revenue Growth March 21st 2025
We note that hedge funds don't have a meaningful investment in CanAlaska Uranium. The company's largest shareholder is 1832 Asset Management L.P., with ownership of 9.6%. ALPS Advisors, Inc. is the second largest shareholder owning 8.2% of common stock, and Mirae Asset Global Investments Co., Ltd. holds about 6.1% of the company stock. Furthermore, CEO Cory Belyk is the owner of 1.6% of the company's shares.
A deeper look at our ownership data shows that the top 24 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority.
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. As far as we can tell there isn't analyst coverage of the company, so it is probably flying under the radar.
Insider Ownership Of CanAlaska Uranium
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. 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.
I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.
We can report that insiders do own shares in CanAlaska Uranium Ltd.. It has a market capitalization of just CA$147m, and insiders have CA$7.4m worth of shares, in their own names. It is good to see some investment by insiders, but we usually like to see higher insider holdings. It might be worth checking if those insiders have been buying.
General Public Ownership
The general public, mostly comprising of individual investors, collectively holds 60% of CanAlaska Uranium shares. This size of ownership gives investors from the general public some collective power. They can and probably do influence decisions on executive compensation, dividend policies and proposed business acquisitions.
Next Steps:
It's always worth thinking about the different groups who own shares in a company. But to understand CanAlaska Uranium better, we need to consider many other factors. Take risks for example - CanAlaska Uranium has 4 warning signs (and 2 which can't be ignored) we think you should know about.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
