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Megado Gold Ltd. ( (AU:MEG) ) has provided an update.
Lanyon Asset Management Pty Ltd has become a substantial holder in Megado Minerals Limited, acquiring a 5.9% voting power through the purchase of 37,700,000 ordinary shares. This acquisition signifies a significant investment in Megado Minerals, potentially impacting the company’s market positioning and indicating confidence in its future prospects.
More about Megado Gold Ltd.
Average Trading Volume: 843,192
Technical Sentiment Signal: Buy
Current Market Cap: A$17.59M
Learn more about MEG stock on TipRanks’ Stock Analysis page.