Podium Minerals Ltd
ASX:POD
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We don't have any information about POD's insider trading.
Podium Minerals Ltd
Glance View
Podium Minerals Ltd. is an exploration and resources development company. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2018-02-28. The firm is focused on platinum group metals (PGM), gold and nickel-copper sulfides. The Company’s projects include Parks Reef PGM Project, Exploration and Mineral Resources. The Parks Reef PGM Project consists of a 15 kilometers long strike of platinum group metal (PGM), gold and base metal mineralization. The reef presents near surface with a width of approximately 15 meters and dips steeply such that it lies near vertical. The Exploration uses in estimates new opportunities to provide the Company with a pipeline of development projects. The Mineral Resources are defined over approximately 8.5 kilometers of the 15 kilometers strike length of Parks Reef and within 100 meters from surface. The Mineral Resources contain approximately 1,390,000 ounces of combined platinum, palladium and gold plus base metal credits with approximately 53,900 tons of copper.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
