Spartan Resources Ltd
ASX:SPR
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We don't have any information about SPR's insider trading.
Spartan Resources Ltd
Glance View
Spartan Resources Ltd is a AU-based company operating in Metals & Mining industry. The company is headquartered in Perth, Western Australia. The company went IPO on 2009-12-11. Spartan Resources Limited, formerly Gascoyne Resources Limited, is a gold company with a portfolio of assets in Western Australia. The Company’s flagship asset is the Dalgaranga Gold Project, located approximately 65 kilometers (km) north-west of Mt Magnet in the Murchison Region of Western Australia. The project includes a developed gold mining operation and an exploration landholding with opportunities for new discoveries. Its Yalgoo Gold Project, centered around the Melville and Applecross Gold Deposits, is situated approximately 20 kilometers (km) north of the township of Yalgoo in Western Australia. Its Glenburgh Gold Project is located in the Gascoyne region of Western Australia. The project is an advanced exploration project comprising 11 gold deposits split into three main gold enrichment zones along a 13km-long shear system. The Mt Egerton Gold Project is located in the Gascoyne Region of Western Australia. Its Mt Egerton is located approximately 180 km east of Glenburgh.
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.
