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Bank of America Becomes Substantial Holder in Pantoro Gold

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Bank of America Becomes Substantial Holder in Pantoro Gold

Elevate Your Investing Strategy:

Pantoro Limited ( (AU:PNR) ) just unveiled an announcement.

Pantoro Gold Limited has announced that Bank of America Corporation and its related bodies corporate have become substantial holders in the company as of June 17, 2025. The substantial holding consists of a 7.19% voting power through various entities such as Merrill Lynch (Australia) Futures Limited and Merrill Lynch International, which have acquired control over a significant number of ordinary shares. This development indicates a strong interest from a major financial institution, potentially impacting Pantoro Gold’s market positioning and signaling confidence in its future prospects.

The most recent analyst rating on (AU:PNR) stock is a Buy with a A$3.06 price target. To see the full list of analyst forecasts on Pantoro Limited stock, see the AU:PNR Stock Forecast page.

More about Pantoro Limited

Average Trading Volume: 2,544,663

Technical Sentiment Signal: Buy

Current Market Cap: A$1.42B

Find detailed analytics on PNR stock on TipRanks’ Stock Analysis page.

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