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Mitsubishi UFJ Financial Group Acquires Substantial Stake in West African Resources

Story Highlights
  • Mitsubishi UFJ Financial Group now holds 5.74% voting power in West African Resources.
  • This strategic investment could influence West African Resources’ future decisions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitsubishi UFJ Financial Group Acquires Substantial Stake in West African Resources

Confident Investing Starts Here:

An announcement from West African Resources Ltd ( (AU:WAF) ) is now available.

Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in West African Resources Limited, acquiring a significant voting power of 5.74% through its relevant interest in securities held by Morgan Stanley and First Sentier Investors Holdings Pty Limited. This development indicates a strategic investment move by Mitsubishi UFJ Financial Group, potentially influencing West African Resources’ future decisions and impacting its market dynamics.

The most recent analyst rating on (AU:WAF) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on West African Resources Ltd stock, see the AU:WAF Stock Forecast page.

More about West African Resources Ltd

Average Trading Volume: 4,158,029

Technical Sentiment Signal: Buy

Current Market Cap: A$2.59B

See more data about WAF stock on TipRanks’ Stock Analysis page.

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