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King River Resources Updates on Daily Buy-Back Progress

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King River Resources Updates on Daily Buy-Back Progress

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King River Resources Limited ( (AU:KRR) ) just unveiled an update.

King River Resources Limited has announced a daily update on its ongoing on-market buy-back program, reporting the buy-back of 2,450,436 ordinary fully paid securities on the previous day. This buy-back initiative, which began on July 10, 2023, is part of the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value.

More about King River Resources Limited

King River Resources Limited operates in the resources sector, focusing on the exploration and development of mineral resources. The company is primarily involved in the production and exploration of vanadium, titanium, and iron ore, with a market focus on advancing its projects in Australia.

YTD Price Performance: -15.38%

Technical Sentiment Signal: Sell

Current Market Cap: A$13.75M

For detailed information about KRR stock, go to TipRanks’ Stock Analysis page.

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