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Winsome Resources Limited ( (AU:WR1) ) has provided an announcement.
Winsome Resources Limited has announced two significant transactions that could impact its market position. The company has entered into a scheme implementation deed with Li-FT Power Ltd. for a potential acquisition of Winsome’s entire issued share capital, and a binding agreement with Albemarle and Power Metals Corp for the sale of its offtake rights. These developments are expected to influence Winsome’s operations and stakeholder interests.
The most recent analyst rating on (AU:WR1) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Winsome Resources Limited stock, see the AU:WR1 Stock Forecast page.
More about Winsome Resources Limited
Winsome Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction and sale of valuable minerals, with a market focus on expanding its resource base and strategic partnerships.
Average Trading Volume: 1,257,554
Technical Sentiment Signal: Buy
Current Market Cap: A$91.49M
See more insights into WR1 stock on TipRanks’ Stock Analysis page.