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West African Resources Ltd ( (AU:WAF) ) has provided an update.
Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in West African Resources Limited, acquiring a significant voting power through its interests in Morgan Stanley and First Sentier Investors Holdings Pty Limited. This acquisition gives Mitsubishi UFJ Financial Group, Inc. a voting power of 5.21% in West African Resources Limited, potentially impacting the company’s governance and strategic decisions.
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: 4,270,165
Technical Sentiment Signal: Buy
Current Market Cap: A$2.99B
For an in-depth examination of WAF stock, go to TipRanks’ Stock Analysis page.