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An update from Silver Mines Limited ( (AU:SVL) ) is now available.
Silver Mines Limited has announced a change in its substantial holders, with Franklin Resources, Inc., and its affiliates reducing their holdings to below 5% following the issuance of 7,707,559 new shares by the company. This change in shareholding could impact the company’s investor dynamics and influence its market perception, as Franklin Resources, Inc. was previously a significant stakeholder.
The most recent analyst rating on (AU:SVL) stock is a Buy with a A$0.17 price target. To see the full list of analyst forecasts on Silver Mines Limited stock, see the AU:SVL Stock Forecast page.
More about Silver Mines Limited
YTD Price Performance: 130.77%
Average Trading Volume: 11,945,796
Technical Sentiment Signal: Buy
Current Market Cap: A$385.4M
For a thorough assessment of SVL stock, go to TipRanks’ Stock Analysis page.