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De Grey Mining to Exit S&P/ASX 200 Following Acquisition

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De Grey Mining Ltd ( (AU:DEG) ) has provided an announcement.

De Grey Mining Limited, a company previously listed on the S&P/ASX 200 Index, is set to be removed following its acquisition by Northern Star Resources Limited. This change is contingent upon shareholder and final court approval. The removal will take effect before the market opens on April 24, 2025, and Generation Development Group Limited will take its place in the index. This shift marks a significant change in the composition of the S&P/ASX 200 Index, reflecting the ongoing consolidation trends within the mining sector.

More about De Grey Mining Ltd

YTD Price Performance: 45.45%

Average Trading Volume: 42,774

Technical Sentiment Signal: Sell

Current Market Cap: $3.87B

See more data about DEG stock on TipRanks’ Stock Analysis page.

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