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New World Resources Undergoes Leadership Changes Amid Kinterra Acquisition

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New World Resources Undergoes Leadership Changes Amid Kinterra Acquisition

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

New World Resources Limited announced significant changes following Kinterra Capital’s decision to proceed with the compulsory acquisition of the remaining shares in the company. This acquisition has led to the resignation of two board members and the termination of executive services agreements for the Managing Director & CEO and the Chief Financial Officer, with some board members transitioning to non-executive roles.

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 is a company operating in the mining industry, primarily focusing on copper, gold, and zinc projects in the United States, specifically in Arizona and New Mexico.

YTD Price Performance: 272.22%

Average Trading Volume: 33,850,098

Technical Sentiment Signal: Buy

Current Market Cap: A$243.4M

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

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