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Western Gold Resources Ltd. ( (AU:WGR) ) has provided an update.
A substantial shareholder in Western Gold Resources Ltd. has lodged a regulatory notice indicating it has ceased to be a substantial holder in the company. The change reflects a reduction in that investor’s voting interest below the substantial holding threshold, potentially altering the company’s share register dynamics and signalling a shift in the composition of its major shareholders, which may be monitored closely by existing investors and the market.
The most recent analyst rating on (AU:WGR) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Western Gold Resources Ltd. stock, see the AU:WGR Stock Forecast page.
More about Western Gold Resources Ltd.
Average Trading Volume: 781,281
Technical Sentiment Signal: Buy
Current Market Cap: A$59.79M
Find detailed analytics on WGR stock on TipRanks’ Stock Analysis page.