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Pantoro Gold Limited ( (AU:PNR) ) has issued an announcement.
Pantoro Gold Ltd has disclosed that The Northern Trust Company and its related investment management entities have ceased to be substantial holders in the company, following changes in their relevant interests in Pantoro’s fully paid ordinary shares. The notice details adjustments across securities lending and investment management accounts, with Northern Trust’s aggregate holding falling below the substantial shareholding threshold, signalling a shift in the company’s institutional investor base that could modestly affect its shareholder composition and market perception of institutional support.
The most recent analyst rating on (AU:PNR) stock is a Buy with a A$7.30 price target. To see the full list of analyst forecasts on Pantoro Gold Limited stock, see the AU:PNR Stock Forecast page.
More about Pantoro Gold Limited
Pantoro Gold Ltd is an Australian gold mining and exploration company based in West Perth, Western Australia, focused on the development and operation of gold projects and associated mineral assets for domestic and international investors.
Average Trading Volume: 2,630,328
Technical Sentiment Signal: Buy
Current Market Cap: A$2B
Learn more about PNR stock on TipRanks’ Stock Analysis page.