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Shenghe Resources Increases Stake in Peak Rare Earths
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Shenghe Resources Increases Stake in Peak Rare Earths

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Invest with Confidence:

Peak Rare Earths Limited ( (AU:PEK) ) just unveiled an update.

Peak Rare Earths Limited, involved in the rare earths industry, has announced a change in its substantial shareholders. Shenghe Resources (Singapore) Pte. Ltd., part of the Shenghe Resources group, has increased its voting power from 15.81% to 19.88% by acquiring additional shares. This strategic move by Shenghe Resources could potentially strengthen its influence over Peak Rare Earths, impacting the company’s operations and stakeholder dynamics.

More about Peak Rare Earths Limited

YTD Price Performance: -40.0%

Average Trading Volume: 1,000

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $27.29M

See more data about PEK stock on TipRanks’ Stock Analysis page.

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