Northern Minerals & Exploration Ltd
OTC:NMEX
We don't have any information about NMEX's insider trading.
Northern Minerals & Exploration Ltd
Glance View
Northern Minerals & Exploration Ltd. is a natural resource company. The company is headquartered in Cisco, Texas. The company went IPO on 2008-05-05. The firm is engaged in oil and gas production in central Texas. The firm is engaged in the exploration for gold and silver in northern Nevada. The firm holds approximately 24% working interest in producing well (Concho Richey #1) on the lease and approximately 100% working interest in the remainder of the 206-acre J. E Richey Lease. Its subsidiaries include Kathis Energy LLC and ENMEX Operations LLC.
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.
