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Van Eck Associates Reduces Stake in West African Resources

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Van Eck Associates Reduces Stake in West African Resources

Confident Investing Starts Here:

West African Resources Ltd ( (AU:WAF) ) just unveiled an announcement.

West African Resources Ltd has experienced a change in the interests of its substantial holder, Van Eck Associates Corporation, which now holds a reduced voting power in the company. The voting power of Van Eck Associates Corporation decreased from 7.77% to 6.36%, indicating a significant shift in their stake in the company. This change could impact the company’s shareholder dynamics and influence future decision-making processes.

The most recent analyst rating on (AU:WAF) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on West African Resources Ltd stock, see the AU:WAF Stock Forecast page.

More about West African Resources Ltd

Average Trading Volume: 5,002,931

Technical Sentiment Signal: Buy

Current Market Cap: A$2.47B

See more insights into WAF stock on TipRanks’ Stock Analysis page.

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