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Van Eck Reduces Stake in Ramelius Resources

Story Highlights
  • Van Eck Associates Corporation reduced its voting power in Ramelius Resources to 7.03%.
  • This change in shareholder composition may impact Ramelius Resources’ strategic decisions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

An update from Ramelius Resources Limited ( (AU:RMS) ) is now available.

Ramelius Resources Limited has announced a change in the substantial holding of Van Eck Associates Corporation, which now holds a reduced voting power of 7.03% compared to the previous 8.04%. This change reflects a shift in the company’s shareholder composition, potentially impacting its strategic decisions and signaling a re-evaluation of investment strategies by Van Eck, which may influence other stakeholders’ perceptions and actions.

More about Ramelius Resources Limited

YTD Price Performance: 26.77%

Average Trading Volume: 59,791

Technical Sentiment Signal: Strong Sell

Current Market Cap: $1.72B

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

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