Philippine Metals Inc
XTSX:PHI
We don't have any information about PHI's insider trading.
Philippine Metals Inc
Glance View
Philippine Metals, Inc. engages in the exploration and development of resource properties. The company is headquartered in Vancouver, British Columbia. The firm has an interest in several projects in the Philippines and is reviewing opportunities in safe jurisdictions globally. The Company’s projects include Malitao and Dilong. The firm owns 100% interest in the Malitao project, located in the Calanasan municipality, Kalinga-Apayao Province, northern Luzon. The Malitao Project's property includes approximately 972 hectares within a rugged and sparsely populated area. The company is a copper-gold massive sulfide prospect interpreted as a manto replacement deposit and is located in proximity to a granitic batholith and a prominent dyke swarm. The Dilong copper property is located in Barrio Dilong, municipality of Tubo, Abra Province. The company straddles close to the boundary of Abra and Ilocos Sur and forms part of the projected belt of porphyry copper deposits.
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.
