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Mitsubishi UFJ Financial Group Ceases Substantial Holding in West African Resources

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Mitsubishi UFJ Financial Group Ceases Substantial Holding in West African Resources

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West African Resources Ltd ( (AU:WAF) ) has shared an announcement.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in West African Resources Limited as of May 23, 2025. This change was due to the purchase of securities by an entity controlled by Morgan Stanley, affecting a significant number of fully paid ordinary shares and votes, which may impact the company’s shareholder structure and influence.

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

YTD Price Performance: 84.67%

Average Trading Volume: 4,372,004

Technical Sentiment Signal: Buy

Current Market Cap: A$3.02B

For detailed information about WAF stock, go to TipRanks’ Stock Analysis page.

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