Phenom Resources Corp
XTSX:PHNM
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We don't have any information about PHNM's insider trading.
Phenom Resources Corp
Glance View
Phenom Resources Corp. engages in the acquisition, exploration and development of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2007-04-04. The firm is focused on exploring gold, copper and vanadium on its properties. The firm has interest in the Carlin Vanadium Project, located in Elko County approximately 6 miles south from the town of Carlin, Nevada and Highway I-80. The Project lies in the Carlin Gold Trend. The Carlin Vanadium-Gold Project also hosts the Carlin Vanadium deposit. The firm also has the AVP gold prospect in the Battle Mountain-Eureka trend of Nevada and the West Jerome copper prospect in Arizona.
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.
