Chakana Copper Corp
XTSX:PERU
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We don't have any information about PERU's insider trading.
Chakana Copper Corp
Glance View
Chakana Copper Corp. is a mineral exploration company, which engages in the acquisition, development and operation of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2012-12-21. The firm is engaged in the process of exploring and developing its mineral properties, with prospects for copper, gold and silver in Peru. Its principal focus is the exploration of the Soledad copper-gold-silver project located in central Peru. The Soledad project is located in Ancash province of central Peru, approximately 260 kilometers (km) north-northwest of Lima and 35 km south of Barrick's Pierina mine. The project is part of the Ticapampa-Aija mining district in the Cordillera Negra. The company holds an option interest in the Aija Project, Peru (Aija Project). The company also holds an option interest in other mineral concessions owned by Minera Barrick Misquichilca S.A. Its wholly owned subsidiary is Chakana Resources S.A.C.
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.
