An announcement from De Grey Mining Ltd ( (AU:DEG) ) is now available.
Goldman Sachs Group, Inc. has become a substantial shareholder in De Grey Mining Ltd, acquiring a 5.1291% voting power through its subsidiaries. This acquisition reflects a significant investment in the company, potentially impacting its market positioning and signaling confidence in De Grey’s future prospects within the gold mining industry.
More about De Grey Mining Ltd
De Grey Mining Ltd is a company operating in the mining industry, primarily focusing on the exploration and development of gold deposits. The company is known for its significant projects in Western Australia, particularly the Mallina Gold Project, which has drawn considerable attention in the gold mining sector.
YTD Price Performance: 10.91%
Average Trading Volume: 43,622
Technical Sentiment Signal: Strong Sell
Current Market Cap: $3.14B
Find detailed analytics on DEG stock on TipRanks’ Stock Analysis page.