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Zenith Minerals Reports Concentrated Ownership in Unlisted Options

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Zenith Minerals Reports Concentrated Ownership in Unlisted Options

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Zenith Minerals Limited ( (AU:ZNC) ) has shared an announcement.

Zenith Minerals Limited has released a holdings range report for its unlisted options expiring on July 31, 2027, priced at $0.077. The report reveals that a significant majority of the issued share capital, 96.53%, is held by 80 holders with more than 100,000 units each, indicating a concentrated ownership structure. This concentration could impact the company’s strategic decisions and influence stakeholder dynamics.

More about Zenith Minerals Limited

Zenith Minerals Limited operates in the mining industry, focusing on mineral exploration and development. The company is involved in the discovery and development of base, industrial, and precious metal deposits, with a market focus on expanding its mineral resource base.

Average Trading Volume: 1,831,359

Technical Sentiment Signal: Buy

Current Market Cap: A$50.52M

Find detailed analytics on ZNC stock on TipRanks’ Stock Analysis page.

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