Gitennes Exploration Inc
XTSX:GIT
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We don't have any information about GIT's insider trading.
Gitennes Exploration Inc
Glance View
Gitennes Exploration, Inc. engages in the acquisition, exploration, and development of mineral properties. The company is headquartered in Vancouver, British Columbia. The company has one property in northern British Columbia, four prospective exploration properties in the active Chapais-Chibougamau area of Quebec and has a royalty interest in a property located in Peru. Its Quebec properties include Riviere a l’aigle (RAL), New Mosher, Maxwell and JMW. The company has an option to earn up to an 85% interest on the approximately 6,600-hectare (ha) RAL property, which is located in the Chapais-Chibougamau area of Quebec. The company has an option to earn up to an 85% interest in the New Mosher Gold Property which is approximately 670 ha and is located approximately four kilometers (km) from the past producing Joe Mann Gold Mine. The Maxwell Property, 100% owned by the Company, is approximately 6,640 ha and it is located approximately 14 km south of Chapais a-nd 18 km northeast of the Company’s JMW Property.
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.