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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.