Key Insights

• The considerable ownership by individual investors in Tudor Gold indicates that they collectively have a greater say in management and business strategy

• The top 9 shareholders own 50% of the company

• Insiders own 18% of Tudor Gold

To get a sense of who is truly in control of Tudor Gold Corp. (CVE:TUD), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 49% to be precise, is individual investors. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

And private companies on the other hand have a 27% ownership in the company.

In the chart below, we zoom in on the different ownership groups of Tudor Gold.

View our latest analysis for Tudor Gold

What Does The Institutional Ownership Tell Us About Tudor Gold?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

Tudor Gold already has institutions on the share registry. Indeed, they own a respectable stake in the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Tudor Gold's historic earnings and revenue below, but keep in mind there's always more to the story.

Tudor Gold is not owned by hedge funds. The company's largest shareholder is Tudor Holdings Ltd, with ownership of 24%. With 17% and 3.5% of the shares outstanding respectively, Eric Sprott and Plutos Vermoegensverwaltung AG are the second and third largest shareholders.

We did some more digging and found that 9 of the top shareholders account for roughly 50% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat.

Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There is some analyst coverage of the stock, but it could still become more well known, with time.

Insider Ownership Of Tudor Gold

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.