Nimy Resources Ltd Insider ownership
What is the Insider ownership of Nimy Resources Ltd?
The Insider ownership of Nimy Resources Ltd is 72.06%
What is the definition of Insider ownership?
Insider Ownership is calculated as the total number of shares owned by insiders (shareholders who own more than 5% of the corporation or an officer or director of the company) divided by the total Shares Outstanding.
A high value of insider ownership means that those working for the company have a large stake in the success of the company. This is sometimes seen as a sign that those running the company will work hard to ensure its success or believe the company's stock price will rise.
A change in insider ownership may come from exercise of option, stock grant and buying or selling of company shares. A purchase of company share signifies a confidence in the company's future performance by people who know the company best. Therefore, Net Insider buying is also an important indicator for investors.
Insider ownership of companies in the Materials sector on ASX compared to Nimy Resources Ltd
What does Nimy Resources Ltd do?
Nimy Resources Limited, an exploration company, engages in discovering and developing an economic nickel-sulfide project in Australia. It holds a 100% interest in the MONS nickel project comprising 12 tenements that covers an area of approximately 1,761 square kilometers located within the Archean Murchison Domain of the Youanmi Terrane of the Yilgarn Craton. The company was incorporated in 2012 and is based in Perth, Australia.
Companies with insider ownership similar to Nimy Resources Ltd
- Tata Consultancy Services has Insider ownership of 72.02%
- ADC India Communications has Insider ownership of 72.02%
- IFGL Refractories has Insider ownership of 72.04%
- Envela Corp has Insider ownership of 72.04%
- Electrotherm (India) has Insider ownership of 72.05%
- Lotus Chocolate has Insider ownership of 72.06%
- Nimy Resources Ltd has Insider ownership of 72.06%
- IMAX China has Insider ownership of 72.07%
- Wah Fu Education Ltd has Insider ownership of 72.07%
- Kimou Envi Hldg Ltd has Insider ownership of 72.08%
- DCD Media Plc has Insider ownership of 72.08%
- Tyche Industries has Insider ownership of 72.08%
- Transport of India has Insider ownership of 72.09%