Published on 17 Sep 2023 on Simply Wall St. via Yahoo Finance
Institutions own 33% of Altius Minerals Corporation (TSE:ALS) shares but retail investors control...
Key Insights
Significant control over Altius Minerals by retail investors implies that the general public has more power to influence management and governance-related decisions41% of the business is held by the top 25 shareholders Institutional ownership in Altius Minerals is 33%
To get a sense of who is truly in control of Altius Minerals Corporation (TSE:ALS), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 58% to be precise, is retail investors. Put another way, the group faces the maximum upside potential (or downside risk).