Nighthawk Gold Corp is a gold exploration company based in Canada. Nighthawk is focused on advancing the Colomac Gold Project. The company is also advancing its other regional gold deposits and showings on its Indin Lake Gold Property. This is within a highly prospective and underexplored Archean gold camp.
Nighthawk Gold Corp is engaged in the identification, acquisition, exploration and evaluation of gold properties.
Nighthawk Gold Corp stock is (TSE:NHK). This is a comparatively smaller company with a market capitalization of CA$85M. Many institutional investors may not be investing in it.
Institutional investors own 14% of Nighthawk Gold. A big share price drop could happen if two large institutional investors try to sell out of a stock at the same time.
The general public are mostly retail investors. They collectively hold 64% of Nighthawk Gold shares. This amount of ownership gives them much power to influence key policy decisions such as board composition, executive compensation and the dividend payout ratio.
Private equity firms have a stake of 19% in Nighthawk Gold. These firms could influence the NHK board.
Nighthawk Gold Corp stock is one of the Canadian gold stocks with strong recent momentum. The company holds an interest in the Indin Lake Gold Property, Superior Project and Colomac Gold Project.
Tracking the last 52 weeks, the (TSX:NHK) stock 52 week high price was CAD$0.73 and 52 week low price was CAD$0.31.