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Tribeca Global Natural Resources Ltd. ( (AU:TGF) ) has shared an announcement.
The December 2024 investment update from Tribeca Global Natural Resources Ltd. highlights a notable decline in their net tangible assets (NTA) and performance metrics. The company’s pre-tax and post-tax NTAs per share were reported at $1.8123 and $1.9532, respectively, with a monthly net performance drop of 8.99% pre-tax and 6.02% post-tax. This decline signifies potential challenges in the investment landscape, impacting stakeholder confidence and prompting scrutiny of market strategies, especially in their primary equity positions which account for 91.6% of their net exposure.
More about Tribeca Global Natural Resources Ltd.
Tribeca Global Natural Resources Ltd. operates in the natural resources industry with a focus on investments across various commodities including carbon credits, diamonds, and equity positions. The company is listed on the Australian Securities Exchange (ASX) under the code TGF and has been publicly traded since October 2018.
YTD Price Performance: -1.73%
Average Trading Volume: 89,549
Technical Sentiment Consensus Rating: Buy
Learn more about TGF stock on TipRanks’ Stock Analysis page.
