Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Gascoyne Resources Limited ( (AU:SPR) ) just unveiled an update.
UBS Group AG and its related bodies corporate have become a substantial holder in Spartan Resources Limited, acquiring a 5.56% voting power through various branches and asset management entities. This acquisition indicates UBS’s strategic interest in Spartan Resources, potentially impacting the company’s market dynamics and signaling a shift in shareholder influence.
The most recent analyst rating on (AU:SPR) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Gascoyne Resources Limited stock, see the AU:SPR Stock Forecast page.
More about Gascoyne Resources Limited
Average Trading Volume: 5,932,964
Technical Sentiment Signal: Buy
Current Market Cap: A$2.43B
For a thorough assessment of SPR stock, go to TipRanks’ Stock Analysis page.