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Macquarie Group Ceases Substantial Holding in St George Mining

Story Highlights
  • Macquarie Group Limited has ceased to be a substantial holder in St George Mining.
  • This change may impact Macquarie’s influence and investor confidence in both companies.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Macquarie Group Ceases Substantial Holding in St George Mining

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An announcement from Macquarie Group Limited ( (AU:MQG) ) is now available.

Macquarie Group Limited has announced that it has ceased to be a substantial holder in St George Mining Limited. This change reflects a shift in Macquarie’s investment strategy or portfolio management, potentially impacting its influence or voting power within St George Mining. The announcement may have implications for stakeholders, including changes in market perception or investor confidence in both companies.

The most recent analyst rating on (AU:MQG) stock is a Hold with a A$212.00 price target. To see the full list of analyst forecasts on Macquarie Group Limited stock, see the AU:MQG Stock Forecast page.

More about Macquarie Group Limited

Macquarie Group Limited is a global financial services group operating in various sectors including banking, financial, advisory, investment, and funds management services. It is known for its diverse operations across different markets and industries, providing tailored solutions to clients worldwide.

Average Trading Volume: 716,097

Technical Sentiment Signal: Hold

Current Market Cap: A$71.72B

For an in-depth examination of MQG stock, go to TipRanks’ Overview page.

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