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New World Resources Limited Faces Trading Suspension

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New World Resources Limited Faces Trading Suspension

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New World Resources Limited ( (AU:NWC) ) has shared an announcement.

New World Resources Limited, a company listed on the Australian Securities Exchange, has had its securities suspended from trading. This suspension follows the dispatch of compulsory acquisition notices by Kinterra Capital GP Corp. II, acting as the general partner of the Kinterra Critical Materials & Infrastructure Opportunities Fund II, LP. The suspension could impact the company’s operations and market positioning, signaling a significant change in its ownership structure.

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

YTD Price Performance: 272.22%

Average Trading Volume: 33,302,432

Technical Sentiment Signal: Buy

Current Market Cap: A$243.4M

For a thorough assessment of NWC stock, go to TipRanks’ Stock Analysis page.

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