An update from Thungela Resources Limited ( (GB:TGA) ) is now available.
Thungela Resources Limited announced a change in the significant holding of its ordinary shares, as the Public Investment Corporation SOC Limited (PIC) has reduced its stake to 14.662%. This adjustment in shareholding may influence the company’s market dynamics and stakeholder interests, as it reflects changes in investor confidence and potentially impacts the company’s strategic direction.
More about Thungela Resources Limited
Thungela Resources Limited is a company incorporated in the Republic of South Africa, primarily operating in the mining industry. The company is listed on both the Johannesburg Stock Exchange and the London Stock Exchange, focusing on the extraction and sale of coal.
YTD Price Performance: -14.19%
Average Trading Volume: 135,894
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £686.7M
For a thorough assessment of TGA stock, go to TipRanks’ Stock Analysis page.