tiprankstipranks
Trending News
More News >

Norges Bank Acquires Substantial Stake in Mineral Resources Limited

Story Highlights

Mineral Resources Limited ( (AU:MIN) ) has shared an announcement.

Norges Bank has become a substantial holder in Mineral Resources Limited, acquiring a 5.12% voting power through its discretionary management of funds on behalf of the Government of Norway. This acquisition reflects a strategic investment by Norges Bank, potentially impacting the company’s shareholder dynamics and signaling confidence in the company’s market position and future prospects.

More about Mineral Resources Limited

Mineral Resources Limited operates in the mining industry, focusing on the extraction and processing of mineral resources. The company is known for its production and supply of various minerals, playing a significant role in the market with a focus on sustainable and efficient mining operations.

YTD Price Performance: -56.53%

Average Trading Volume: 605

Technical Sentiment Signal: Buy

Current Market Cap: $2.63B

See more data about MIN stock on TipRanks’ Stock Analysis 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