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Van Eck Reduces Stake in Bellevue Gold Limited

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Van Eck Reduces Stake in Bellevue Gold Limited

Bellevue Gold Limited ( (AU:BGL) ) just unveiled an announcement.

Van Eck Associates Corporation has reduced its substantial holding in Bellevue Gold Limited, decreasing its voting power from 7.59% to 6.56%. This change in shareholding may impact Bellevue Gold’s market perception and influence the company’s strategic decisions, as Van Eck is a significant institutional investor.

More about Bellevue Gold Limited

Bellevue Gold Limited operates in the mining industry, focusing primarily on gold exploration and production. The company is engaged in the development of its flagship Bellevue Gold Project located in Western Australia, aiming to become a significant player in the gold mining sector.

YTD Price Performance: 3.12%

Average Trading Volume: 9,192,764

Technical Sentiment Signal: Buy

Current Market Cap: A$1.48B

See more data about BGL stock on TipRanks’ Stock Analysis page.

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