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Pinnacle Investment Acquires Significant Stake in Metro Mining

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Pinnacle Investment Acquires Significant Stake in Metro Mining

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An update from Metro Mining Limited ( (AU:MMI) ) is now available.

Pinnacle Investment Management Group Limited has become a substantial holder in Metro Mining Limited, acquiring a 5.04% voting power with 307,534,695 ordinary fully paid shares as of May 30, 2025. This acquisition signifies a notable investment in Metro Mining, potentially impacting its market dynamics and signaling confidence in its operational prospects.

The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.

More about Metro Mining Limited

Metro Mining Limited operates in the mining industry, focusing on the extraction and production of bauxite, a primary raw material for aluminum production. The company is strategically positioned to serve the global aluminum market, leveraging its resources and expertise in mining operations.

Average Trading Volume: 11,129,749

Technical Sentiment Signal: Buy

Current Market Cap: A$372M

For a thorough assessment of MMI stock, go to TipRanks’ Stock Analysis page.

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