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Stanmore Resources Ltd ( (AU:SMR) ) has provided an update.
Perpetual Limited and its related bodies corporate have become substantial holders in Stanmore Resources Ltd, acquiring a 5.553% voting power with 50,056,970 ordinary shares as of April 23, 2025. This acquisition signifies a strategic investment in Stanmore Resources, potentially impacting the company’s market positioning and signaling confidence in its operations and future prospects.
More about Stanmore Resources Ltd
Stanmore Resources Ltd operates in the resources industry, focusing primarily on coal mining and production. The company is engaged in the exploration and development of coal resources, catering to both domestic and international markets.
YTD Price Performance: -33.73%
Average Trading Volume: 3,388,140
Technical Sentiment Signal: Buy
Current Market Cap: A$1.72B
See more data about SMR stock on TipRanks’ Stock Analysis page.
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