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Van Eck Associates Reduces Stake in Capricorn Metals

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Capricorn Metals Ltd ( (AU:CMM) ) has provided an announcement.

Van Eck Associates Corporation has reduced its voting power in Capricorn Metals Ltd from 8.18% to 7.17%, as reported in their latest substantial holding notice. This change in shareholding may influence the company’s market dynamics and stakeholder interests, reflecting a shift in investment strategy by a significant shareholder.

More about Capricorn Metals Ltd

Capricorn Metals Ltd operates in the mining industry, primarily focusing on gold exploration and production. The company is engaged in the development and operation of gold mining projects, aiming to enhance its market position within the precious metals sector.

Average Trading Volume: 1,923,449

Technical Sentiment Signal: Buy

Current Market Cap: A$4.1B

For a thorough assessment of CMM stock, go to TipRanks’ Stock Analysis page.

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