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MUFG’s Substantial Holding in Westgold Resources

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MUFG’s Substantial Holding in Westgold Resources

Westgold Resources ( (AU:WGX) ) has shared an update.

Westgold Resources has announced a substantial holding notice, indicating that Mitsubishi UFJ Financial Group (MUFG) indirectly holds a significant interest in Westgold through its subsidiary, First Sentier Investors Holdings Pty Limited. This development reflects MUFG’s strategic positioning in the mining sector, potentially impacting Westgold’s shareholder dynamics and market influence.

More about Westgold Resources

YTD Price Performance: -1.61%

Average Trading Volume: 100,024

Technical Sentiment Signal: Sell

Current Market Cap: $1.7B

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

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