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New World Resources Limited ( (AU:NWC) ) has issued an update.
New World Resources Limited has announced a change in the director’s interest, specifically involving Nick Woolrych. The company reported the cancellation of 5,000,000 unlisted options previously held indirectly by Woolrych through Woolyco Holdings Pty Ltd. These options were cancelled as part of an agreement with Kinterra Capital GP Corp. II, representing a strategic move that may impact the company’s financial structuring and stakeholder 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 resource industry, focusing on the exploration and development of mineral resources. The company is involved in the acquisition and management of mining assets, with a market focus on critical materials and infrastructure opportunities.
YTD Price Performance: 272.22%
Average Trading Volume: 33,726,131
Technical Sentiment Signal: Buy
Current Market Cap: A$243.4M
Learn more about NWC stock on TipRanks’ Stock Analysis page.