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Changes in Shareholding Position of Australl Gold Substantial Holder

Story Highlights
  • Austral Gold focuses on gold and silver mining, operating predominantly in South America.
  • Recent shareholding changes by Eduardo Elsztain reduce his voting power, affecting shareholder dynamics.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Changes in Shareholding Position of Australl Gold Substantial Holder

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The latest announcement is out from Austral Gold ( (AU:AGD) ).

Eduardo Elsztain and his associated entities have undergone changes in their holdings of voting shares in Austral Gold Limited, reflecting various actions such as share purchase, exercising options, and new share issuances. These updates, which include a slight reduction in voting power to 74.27%, indicate strategic movements in equity positions, potentially influencing shareholder dynamics and the company’s operational governance.

The most recent analyst rating on (AU:AGD) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Austral Gold stock, see the AU:AGD Stock Forecast page.

More about Austral Gold

Austral Gold Limited is a company operating within the mining industry, primarily focused on the exploration, development, and production of precious metals, particularly gold and silver. Its operations are geographically focused in South America, leveraging mineral-rich regions to maintain a strong industry presence.

Average Trading Volume: 620,686

Technical Sentiment Signal: Buy

Current Market Cap: A$71.43M

Learn more about AGD stock on TipRanks’ Stock Analysis page.

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