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Gabriel Resources Ltd V.GBU

Alternate Symbol(s):  GBRRF

Gabriel Resources Ltd. is a Canadian resource company. The Company's principal business consisted of exploration and development of the Rosia Montana gold and silver project in Romania. The Rosia Montana Project, one of the largest undeveloped gold deposits in Europe, is situated in the South Apuseni Mountains of Transylvania, Romania, an historic and prolific mining district. The Bucium exploration concession is located approximately five kilometers to the southeast of Rosia Montana in Western Transylvania and bordering the Rosia Montana exploitation permit. The exploitation license for the Rosia Montana Project is held by Rosia Montana Gold Corporation S.A., a Romanian company in which the Company owns an 80.69% equity interest, with the 19.31% balance held by Minvest Rosia Montana S.A., a Romanian state-owned mining company. Its subsidiaries include Gabriel Resources (Barbados) Ltd., Gabriel Resources (Netherlands) B.V., Gabriel Resources (Jersey) Ltd. and RM Gold (Services) Ltd.


TSXV:GBU - Post by User

Post by RocketRed24on Feb 04, 2024 2:01pm
177 Views
Post# 35861974

4 big hedge funds own 400 million shares

4 big hedge funds own 400 million shares Kopernik Global Investors, LLC is currently the company's largest shareholder with 17% of shares outstanding. Tenor Capital Management Company, L.P. is the second largest shareholder owning 17% of common stock, and The Electrum Group LLC holds about 13% of the company stock.

  • Institutions' substantial holdings in Gabriel Resources implies that they have significant influence over the company's share price
  • A total of 4 investors have a majority stake in the company with 59% ownership
  • Using data from company's past performance alongside ownership research, one can better assess the future performance of a company

To get a sense of who is truly in control of Gabriel Resources Ltd. (CVE:GBU), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 40% to be precise, is hedge funds. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

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