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Magnora ASA ( (SVMRF) ) just unveiled an update.
Morten Strømgren, Senior Vice President of Ownership and Investments at Magnora ASA, has increased his stake in the company by purchasing 3,500 shares at an average price of NOK 23.30 per share. This acquisition brings his total holdings to 10,000 shares, representing 0.02% of the company’s issued shares and votes. This move signifies a vote of confidence in the company’s strategic direction and may have implications for investor sentiment.
The most recent analyst rating on (SVMRF) stock is a Buy with a NOK35.00 price target. To see the full list of analyst forecasts on Magnora ASA stock, see the SVMRF Stock Forecast page.
More about Magnora ASA
Magnora ASA is a renewable-energy group focused on developing wind, solar, and battery storage projects. The company operates in Europe and Africa through various portfolio companies, including Hafslund Magnora Sol AS, Magnora Offshore Wind AS, and others. Magnora is listed on the Oslo Stock Exchange under the ticker MGN.
Average Trading Volume: 125,980
Current Market Cap: NOK1.53B
For a thorough assessment of SVMRF stock, go to TipRanks’ Stock Analysis page.
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