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An announcement from Carnarvon Energy Limited ( (AU:CVN) ) is now available.
Carnarvon Energy Limited announced a change in the director’s interest as Robert Black, a director of the company, increased his holdings by acquiring 2,500,000 ordinary shares through an on-market purchase. This change reflects a significant investment by Mr. Black, potentially indicating confidence in the company’s future performance and prospects.
The most recent analyst rating on (AU:CVN) stock is a Buy with a A$0.21 price target. To see the full list of analyst forecasts on Carnarvon Energy Limited stock, see the AU:CVN Stock Forecast page.
More about Carnarvon Energy Limited
Carnarvon Energy Limited operates in the energy sector, focusing on the exploration and production of oil and gas resources. The company is engaged in developing energy projects and holds interests in various exploration permits and licenses.
Average Trading Volume: 2,440,825
Technical Sentiment Signal: Sell
Current Market Cap: A$196.8M
Find detailed analytics on CVN stock on TipRanks’ Stock Analysis page.