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Whitehaven Coal Limited ( (AU:WHC) ) has provided an update.
AustralianSuper Pty Ltd has increased its voting power in Whitehaven Coal Limited from 5.07% to 6.17%, reflecting a strategic move to strengthen its influence within the company. This change in substantial holding could impact Whitehaven’s strategic decisions and potentially affect its market positioning, signaling increased confidence from a major institutional investor.
The most recent analyst rating on (AU:WHC) stock is a Buy with a A$9.75 price target. To see the full list of analyst forecasts on Whitehaven Coal Limited stock, see the AU:WHC Stock Forecast page.
More about Whitehaven Coal Limited
Whitehaven Coal Limited operates in the coal mining industry, focusing on the production and sale of high-quality coal products. The company is a significant player in the Australian market, catering to both domestic and international energy sectors.
Average Trading Volume: 7,316,950
Technical Sentiment Signal: Hold
Current Market Cap: A$4.59B
For an in-depth examination of WHC stock, go to TipRanks’ Stock Analysis page.