Michael Townsend - Net Worth and Insider Trading
Michael Townsend Net Worth
The estimated net worth of Michael Townsend is at least $63,958 dollars as of 2024-09-21. Michael Townsend is the Director of Scorpio Gold Corp and owns about 414,500 shares of Scorpio Gold Corp (TSXV:SGN) stock worth over $55,958. Michael Townsend is also the Director of African Energy Metals Inc and owns about 400,000 shares of African Energy Metals Inc (TSXV:CUCO) stock worth over $8,000. Details can be seen in Michael Townsend's Latest Holdings Summary section.
Disclaimer: The insider information is derived from SEC filings. The estimated net worth is based on the final shares held after open market or private purchases and sales of common stock with a transaction code of "P" or "S" on Form 4, assuming that Michael Townsend has not made any transactions after 2024-09-13 and currently still holds the listed stock(s). Please note that this estimate may not reflect the actual net worth.
Transaction Summary of Michael Townsend
Michael Townsend Insider Ownership Reports
Based on ownership reports from SEC filings, as the reporting owner, Michael Townsend owns 2 companies in total, including Scorpio Gold Corp (TSXV:SGN) , and African Energy Metals Inc (TSXV:CUCO) .
Click here to see the complete history of Michael Townsend’s form 4 insider trades.
Insider Ownership Summary of Michael Townsend
| Ticker | Comapny | Transaction Date | Type of Owner |
|---|---|---|---|
| TSXV:SGN | Scorpio Gold Corp | 2024-09-13 | Director |
| TSXV:CUCO | African Energy Metals Inc | 2022-11-03 | Director |
Michael Townsend Latest Holdings Summary
Michael Townsend currently owns a total of 2 stocks. Among these stocks, Michael Townsend owns 414,500 shares of Scorpio Gold Corp (TSXV:SGN) as of September 13, 2024, with a value of $55,958 and a weighting of 87.49%. Michael Townsend also owns 400,000 shares of African Energy Metals Inc (TSXV:CUCO) as of November 3, 2022, with a value of $8,000 and a weighting of 12.51%.
Latest Holdings of Michael Townsend
| Ticker | Comapny | Latest Transaction Date | Shares Owned | Current Price ($) | Current Value ($) |
|---|---|---|---|---|---|
| TSXV:SGN | Scorpio Gold Corp | 2024-09-13 | 414,500 | 0.14 | 55,958 |
| TSXV:CUCO | African Energy Metals Inc | 2022-11-03 | 400,000 | 0.02 | 8,000 |
Holding Weightings of Michael Townsend
Michael Townsend Form 4 Trading Tracker
According to the SEC Form 4 filings, Michael Townsend has made a total of 43 transactions in Scorpio Gold Corp (TSXV:SGN) over the past 5 years, including 43 buys and 0 sells. The most-recent trade in Scorpio Gold Corp is the acquisition of 20,000 shares on September 13, 2024, which cost Michael Townsend around $2,400.
According to the SEC Form 4 filings, Michael Townsend has made a total of 2 transactions in African Energy Metals Inc (TSXV:CUCO) over the past 5 years, including 2 buys and 0 sells. The most-recent trade in African Energy Metals Inc is the acquisition of 50,000 shares on November 3, 2022, which cost Michael Townsend around $2,500.
Insider Trading History of Michael Townsend
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Michael Townsend Trading Performance
GuruFocus tracks the stock performance after each of Michael Townsend's buying transactions within different timeframes. To be detailed, the average return of stocks after 3 months bought by Michael Townsend is -34.88%. GuruFocus also compares Michael Townsend's trading performance to market benchmark return within the same time period. The performance of stocks bought by Michael Townsend within 3 months outperforms 2 times out of 26 transactions in total compared to the return of S&P 500 within the same period.
You can select different timeframes to see how Michael Townsend's insider trading performs compared to the benchmark.
Performance of Michael Townsend
Average Return
Outperforming Transactions
| 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | |
|---|---|---|---|---|---|---|
| Return(%) | -7.64 | | | | | |
| Relative Return to S&P 500(%) | -9.64 | | | | | |
Michael Townsend Ownership Network
Michael Townsend Owned Company Details
What does Scorpio Gold Corp do?
Who are the key executives at Scorpio Gold Corp?
Michael Townsend is the Director of Scorpio Gold Corp.
Scorpio Gold Corp (TSXV:SGN) Insider Trades Summary
Over the past 18 months, Michael Townsend made 43 insider transaction in Scorpio Gold Corp (TSXV:SGN) with a net purchase of 479,500.
In summary, during the past 3 months, insiders sold 0 shares of Scorpio Gold Corp (TSXV:SGN) in total and bought 350,500 shares, with a net purchase of 350,500 shares. During the past 18 months, 0 shares of Scorpio Gold Corp (TSXV:SGN) were sold and 479,500 shares were bought by its insiders, resulting in a net purchase of 479,500 shares.
Scorpio Gold Corp (TSXV:SGN)'s detailed insider trading history can be found in Insider Trading Tracker table.
Scorpio Gold Corp Insider Transactions
Michael Townsend Mailing Address
Above is the net worth, insider trading, and ownership report for Michael Townsend. Currently GuruFocus does not have mailing address information for Michael Townsend.
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