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The latest update is out from Fat Prophets Global Contrarian Fund Ltd. ( (AU:FPC) ).
The Fat Prophets Global Contrarian Fund has reported a solid performance for June 2025, driven by a weakening US dollar which has boosted precious metals like gold, silver, and platinum. The fund has strategically adjusted its portfolio by selling Gold Road, which is under takeover, and acquiring Ramelius Resources, a mid-tier Australian gold producer. This move aligns with their expectation of increased M&A activity in the Australian gold sector, especially given the Australian dollar’s underperformance against other currencies.
More about Fat Prophets Global Contrarian Fund Ltd.
Fat Prophets Global Contrarian Fund Ltd. operates in the financial services industry, focusing on investment management with a particular emphasis on contrarian investment strategies. The company is known for its global investment approach, targeting undervalued assets and sectors that may be overlooked by mainstream investors.
Average Trading Volume: 34,585
Technical Sentiment Signal: Buy
For an in-depth examination of FPC stock, go to TipRanks’ Overview page.