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Kinterra Capital Increases Stake in New World Resources

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Kinterra Capital Increases Stake in New World Resources

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The latest update is out from New World Resources Limited ( (AU:NWC) ).

Kinterra Capital GP Corp. II, acting as the general partner of the Kinterra Critical Materials & Infrastructure Opportunities Fund II, LP, has increased its voting power in New World Resources Limited from 11.99% to 19.16%. This change in substantial holding indicates a significant shift in the ownership structure of New World Resources Limited, potentially impacting its strategic direction and stakeholder interests.

The most recent analyst rating on (AU:NWC) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on New World Resources Limited stock, see the AU:NWC Stock Forecast page.

More about New World Resources Limited

YTD Price Performance: 211.11%

Average Trading Volume: 23,584,970

Technical Sentiment Signal: Buy

Current Market Cap: A$200.1M

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

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