San Gold Corporation - Institutional Ownership Analysis
Institutional Ownership Analysis as of February 26, 2014
In this article about institutional ownership, I describe how I assessthe shares owned by theon-the-radar investors. In short, I have created the
following reference table for my institutional ownership assessment:
Thus, based on my findings in the table above, I have rated the instituational ownership as
positive, as I found that the total institutional ownership has increased compared to their
ownership in the previous period. However, you should always interpret someone's change in company ownership
in conjunction with their total ownership in a stock. Therefore I have created the following table too:
Shares Held (Latest Reporting Period)
Total Shares Held by Institutions
Total Shares Held by Mutual Funds
Total Shares Held by 5% Insiders
Total On-The-Radar Ownership1
Thus, based on my findings in the table above there is no substantial company ownership by on-the-radar
investors, according to the latest reporting period.
Based on the information found on MSN, Nasdaq & Reuters and compared to the previous period, most
institutional shareholders and mutual funds seem to have closed their complete positions in the company
I conclude my overall institutional ownership analysis with a negative rating, as the ownership
change is greater than minus 5%.
The most striking data regards to Sprott Asset Management, who apparently initiated a new position in the second
half of 2013 by acquiring almost 45 million shares until October 10, 2013. Then, they sold the entire position
before December 31, 2013. They do still own 16,000,000 warrants with an exercise price of 0.18 per share, but if
Sprott was really confident about the company's future prospects, they probably would not have sold this position,
especially when you consider that they have acquired the majority of their position for just 0.125 per share. For
more information about Sprott's investment in the company, you can read the company's press release of September 12, 2013.
If you would like to be the first to be informed when I add new content to
UndervaluedEquity.com, please leave your details in the name grab form on theSupportpage!
You can also support me directly by clicking on the advertisements that appeal to
you,or by making a voluntarily donation with Paypal.
Your support helps me to speed up the process of adding great, free content to
What Type of Content Can You Expect to Find on UndervaluedEquity.com
Today's News Related to the Global Energy and Mining Stocks.On
this page a RSS feed is displayed with stock market news related to the energy and mining sectors.
You can subscribe to this free RSS feed too!
How I Conduct My Stock's Due Diligence Investigation Process.If
you want to know what I learned while I was conducting my due diligence, I recommend you to read
all the chapters of the investigation process.
Are These the Best Stocks to Buy Today.In my stock watchlist you
find stocks who offer great potential, but at the time I analysed these stocks they didn't comply
with all my guidelines from my due diligence chapters.
Are These the Best Shares to Buy Now.As the year 2015 has just started, I
believe it's about time that I share my stock portfolio with you. Therefore, you will find my
updated stock portfolio on this page.
Jeroen Snoeks is the founder of UndervaluedEquity.com, a website for
investors passionate about investing in undervalued stocks. ThroughUndervaluedEquity.com, he shares his
experience and knowledge and will soon reveal his personal stock portfolio.