Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
OM Holdings Ltd. ( (AU:OMH) ) has issued an update.
OM Holdings Limited has announced the sale of its 26% interest in Ntsimbintle Mining Proprietary Limited to Exxaro Resources Limited for approximately US$101.4 million. This transaction, subject to regulatory approvals and other conditions, allows OM Holdings to unlock value and recirculate capital into its core business operations, while establishing a new commercial relationship with Exxaro for the Tshipi manganese ore business.
More about OM Holdings Ltd.
OM Holdings Limited is a company involved in the manganese ore industry, with strategic partnerships that enhance its market presence. It operates in the mining sector, focusing on the production and export of manganese through its interests in significant mining operations.
Average Trading Volume: 41,390
Technical Sentiment Signal: Sell
Current Market Cap: A$236.9M
See more insights into OMH stock on TipRanks’ Stock Analysis page.