Institutional Investors account for 25% of Belo Sun Mining shareInstitutional Investors account for 25% of Belo Sun Mining shares
themarketsignal.com
Belo Sun Mining Corp (TSX:BSX) was one of top performers gaining 25.68%. The company has a market cap roof CA$324 million which implies that it is a relatively small-cap stock that is supposed to be unknown to many institutional investors. However, it appears that institutional investors have noticed Belo Sun Mining. Institutional investors own around 13.5% of the company which is a show of credibility from investors.
Hedge funds own around 25% of the company’s shares which is exciting since they are considered active investors that can influence management. Most want to see near-term value creation. The largest holder in the company is Sun Valley Gold which holds 25% of outstanding shares.
