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Sprott Inc. Increases Stake in Sovereign Metals

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Sprott Inc. Increases Stake in Sovereign Metals

An announcement from Sovereign Metals Limited ( (AU:SVM) ) is now available.

Sovereign Metals Limited has announced a change in the substantial holding of its shares by Sprott Inc. and its controlled entities. The voting power of Sprott Inc. has increased from 6.70% to 7.71% due to various on-market trades. This change in shareholding indicates a growing interest from Sprott Inc. in Sovereign Metals, which could impact the company’s market dynamics and influence its strategic decisions.

More about Sovereign Metals Limited

YTD Price Performance: 20.95%

Average Trading Volume: 463,562

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$536.9M

For an in-depth examination of SVM stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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