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Pengana Capital Group Ceases to be Substantial Holder in Mt Monger Resources

Story Highlights
  • Pengana Capital Group and its entities are no longer substantial holders in Mt Monger Resources.
  • The change follows share sales by Pengana Capital Limited, reducing their voting power to 4.84%.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pengana Capital Group Ceases to be Substantial Holder in Mt Monger Resources

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Mt Monger Resources Ltd. ( (AU:MTM) ) has shared an announcement.

Mt Monger Resources Ltd. has announced that Pengana Capital Group Limited and its associated entities have ceased to be substantial holders in the company as of July 31, 2025. This change in substantial holding follows a series of sales of shares by Pengana Capital Limited, reducing their voting power from 6.02% to 4.84%. This development may impact the company’s shareholder structure and influence future voting outcomes.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$0.96 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

More about Mt Monger Resources Ltd.

Average Trading Volume: 6,625,920

Technical Sentiment Signal: Buy

Current Market Cap: A$437.8M

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

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