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Iluka Resources Limited ( (AU:ILU) ) has issued an update.
Mitsubishi UFJ Financial Group, Inc. has acquired a substantial holding in Iluka Resources Limited, a company involved in the mining and production of mineral sands. This acquisition gives Mitsubishi UFJ Financial Group a 5.23% voting power in Iluka Resources, indicating a significant stake that could influence the company’s strategic decisions and operations.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
More about Iluka Resources Limited
Average Trading Volume: 3,669,772
Technical Sentiment Signal: Sell
Current Market Cap: A$1.63B
Learn more about ILU stock on TipRanks’ Stock Analysis page.