tiprankstipranks
Mt Monger Resources Announces Change in Substantial Holding
Company Announcements

Mt Monger Resources Announces Change in Substantial Holding

Story Highlights

Stay Ahead of the Market:

Mt Monger Resources Ltd. ( (AU:MTM) ) has provided an announcement.

Mt Monger Resources Ltd. has reported a change in the interests of substantial holders in their voting shares, indicating an increase in the voting power of Terra Capital Natural Resources Fund Pty Ltd and Terra Capital Green Metals Fund Pty Ltd from 6.9% to 9.38%. This strategic shift reflects a significant investment by Terra Capital, with a total consideration of $1,450,000 for acquiring an additional 10,000,000 ordinary shares, potentially enhancing their influence in the company’s decision-making process.

More about Mt Monger Resources Ltd.

YTD Price Performance: -7.69%

Average Trading Volume: 8,325,186

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$103.1M

For detailed information about MTM stock, go to TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App