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Magnora ASA ( (SVMRF) ) has provided an update.
Erling Magnus Solheim, VP of Business Development at Magnora ASA, has purchased 8,975 shares in the company, increasing his total shareholding to 10,050 shares, which represents 0.02% of the company’s issued shares and votes. This transaction reflects insider confidence in Magnora’s market position and potential growth in the renewable energy sector.
The most recent analyst rating on (SVMRF) stock is a Buy with a NOK32.00 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: 116,544
Current Market Cap: NOK1.51B
For an in-depth examination of SVMRF stock, go to TipRanks’ Overview page.