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Tungsten West Sees Change in Major Shareholder Holdings

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Tungsten West Sees Change in Major Shareholder Holdings

Confident Investing Starts Here:

An announcement from Tungsten West Plc ( (GB:TUN) ) is now available.

Tungsten West PLC, a company involved in the mining industry, has announced a change in its major holdings. Godolphin Minerals Limited, based in London, UK, has reduced its voting rights in Tungsten West from 3.92% to 1.80%. This change in holdings could impact the company’s shareholder dynamics and influence future decision-making processes.

Spark’s Take on GB:TUN Stock

According to Spark, TipRanks’ AI Analyst, GB:TUN is a Underperform.

Tungsten West Plc faces considerable financial instability, with negative income and cash flow issues, and high leverage. Technical indicators are mixed, showing volatility but no strong directional momentum. The negative P/E ratio reflects weak valuation fundamentals. Overall, the stock presents a high-risk profile with limited immediate upside potential.

To see Spark’s full report on GB:TUN stock, click here.

More about Tungsten West Plc

Average Trading Volume: 740,281

Technical Sentiment Signal: Buy

Current Market Cap: £12.64M

For an in-depth examination of TUN stock, go to TipRanks’ Stock Analysis page.

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