tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Marvel Gold Limited Reduces Stake in Evolution Energy Minerals

Story Highlights
Marvel Gold Limited Reduces Stake in Evolution Energy Minerals

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Evolution Energy Minerals Limited ( (AU:EV1) ) has shared an announcement.

Marvel Gold Limited has reduced its voting power in Evolution Energy Minerals Limited from 12.66% to 11% by decreasing its holding of ordinary shares from 45,899,998 to 39,432,842. This change in substantial holding reflects a shift in Marvel Gold Limited’s investment strategy or portfolio management, potentially impacting Evolution Energy Minerals’ shareholder dynamics and market perception.

The most recent analyst rating on (AU:EV1) stock is a Buy with a A$0.24 price target. To see the full list of analyst forecasts on Evolution Energy Minerals Limited stock, see the AU:EV1 Stock Forecast page.

More about Evolution Energy Minerals Limited

Evolution Energy Minerals Limited operates in the energy sector, focusing on the exploration and development of energy minerals. The company is involved in projects that aim to harness energy resources, contributing to the energy supply chain.

Average Trading Volume: 779,816

Technical Sentiment Signal: Hold

Current Market Cap: A$5.8M

For an in-depth examination of EV1 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1