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Mitsubishi UFJ Financial Group Becomes Substantial Holder in Westgold Resources

Story Highlights
  • Mitsubishi UFJ Financial Group now holds a substantial interest in Westgold Resources.
  • This move could influence Westgold Resources’ market operations and strategic positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitsubishi UFJ Financial Group Becomes Substantial Holder in Westgold Resources

Elevate Your Investing Strategy:

Westgold Resources ( (AU:WGX) ) has issued an announcement.

Mitsubishi UFJ Financial Group, through its wholly-owned subsidiary First Sentier Group Limited, has become a substantial holder in Westgold Resources Ltd. This development indicates a significant investment and interest in Westgold Resources, potentially impacting its market operations and strategic positioning.

The most recent analyst rating on (AU:WGX) stock is a Buy with a A$3.70 price target. To see the full list of analyst forecasts on Westgold Resources stock, see the AU:WGX Stock Forecast page.

More about Westgold Resources

Average Trading Volume: 5,744,494

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$2.7B

Learn more about WGX stock on TipRanks’ Stock Analysis page.

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