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The latest announcement is out from PM Capital Global Opportunities Fund Ltd. ( (AU:PGF) ).
In its latest update, PM Capital Global Opportunities Fund Ltd. reported strong performance driven by precious metal equities, particularly due to Anglo American’s bid for Teck Resources and a significant rally in the LME copper price. The fund also benefited from gains in European bank holdings and gold producers, while selling its position in Airbus after a successful re-rating. The fund’s strategic investments in commodities and banking sectors have positioned it well for future growth, with a cumulative return of 479.7% since inception.
The most recent analyst rating on (AU:PGF) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on PM Capital Global Opportunities Fund Ltd. stock, see the AU:PGF Stock Forecast page.
More about PM Capital Global Opportunities Fund Ltd.
PM Capital Global Opportunities Fund Ltd. operates in the global equities industry, focusing on long-term capital growth through a concentrated portfolio of globally listed equities, including Australian equities. The fund seeks to exploit investment anomalies worldwide and is suitable for investors with a horizon of seven years or more.
Average Trading Volume: 860,523
Technical Sentiment Signal: Buy
Find detailed analytics on PGF stock on TipRanks’ Stock Analysis page.