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Van Eck Reduces Stake in Genesis Minerals

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Van Eck Reduces Stake in Genesis Minerals

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Genesis Minerals Limited ( (AU:GMD) ) just unveiled an announcement.

Van Eck Associates Corporation has decreased its voting power in Genesis Minerals Limited from 7.83% to 6.83%, as outlined in a recent change of interest notice. This reduction in stake could potentially impact the company’s shareholder dynamics and influence within the industry, given Van Eck’s substantial investment presence.

More about Genesis Minerals Limited

Genesis Minerals Limited operates in the mining industry, focusing primarily on mineral exploration and development. The company is involved in identifying and extracting mineral resources, with a particular emphasis on gold mining operations.

YTD Price Performance: 27.94%

Average Trading Volume: 2,993,763

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$3.57B

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

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