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New World Resources Limited ( (AU:NWC) ) has shared an announcement.
New World Resources Limited has announced a change in the substantial holdings of Harvest Lane Asset Management and its associated entities. The change reflects an increase in voting power from 11.38% to 12.62%, indicating a significant shift in the company’s shareholder structure. This adjustment in holdings could impact the company’s strategic decisions and influence its market positioning, potentially affecting stakeholders’ interests.
The most recent analyst rating on (AU:NWC) stock is a Buy with a A$0.07 price target. To see the full list of analyst forecasts on New World Resources Limited stock, see the AU:NWC Stock Forecast page.
More about New World Resources Limited
New World Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with the extraction and production of valuable minerals, catering to various market needs within the resources sector.
Average Trading Volume: 27,672,414
Technical Sentiment Signal: Buy
Current Market Cap: A$232.4M
For an in-depth examination of NWC stock, go to TipRanks’ Overview page.