Defense Metals Corp
XTSX:DEFN
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We don't have any information about DEFN's insider trading.
Defense Metals Corp
Glance View
Defense Metals Corp. operates as a development stage company. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2018-01-19. The firm is focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of green energy technologies, such as high strength alloys and rare earth magnets. The company is focused on the exploration and development of Wicheeda Project with a focus on rare earth elements (REEs). The Wicheeda Project is located at Wicheeda Lake, approximately 80 kilometers northeast of Prince George and approximately 50 kilometers east of Bear Lake, British Columbia. The Wicheeda Project is comprises of six mineral claims covering an area of approximately 1,708 hectares. The firm has an indicated mineral resource of 4,890,000 tones light rare earth elements (LREO), and inferred resources of 12,100,000 tones LREO.
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.
