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Aurum Resources Sees Change in Substantial Holder Status

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Aurum Resources Sees Change in Substantial Holder Status

Elevate Your Investing Strategy:

An update from Aurum Resources Limited ( (AU:AUE) ) is now available.

Aurum Resources Limited has announced a change in its substantial holder status, as Franklin Resources, Inc., and its affiliates have seen their holding in the company decrease to below 5% due to the issuance of 100,000,000 shares by Aurum Resources. This change in shareholding may impact the company’s shareholder dynamics and influence its market positioning, as Franklin Resources’ reduced stake could alter the level of influence they have in company decisions.

The most recent analyst rating on (AU:AUE) stock is a Buy with a A$0.63 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.

More about Aurum Resources Limited

Average Trading Volume: 703,850

Technical Sentiment Signal: Buy

Current Market Cap: A$112.9M

For a thorough assessment of AUE stock, go to TipRanks’ Stock Analysis page.

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