Principal Global Investors Acquires Substantial Stake in Sandfire Resources

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Principal Global Investors Acquires Substantial Stake in Sandfire Resources

Sandfire Resources Limited ( (AU:SFR) ) just unveiled an update.

Sandfire Resources Limited has announced that Principal Global Investors, LLC has become a substantial holder in the company, holding 23,442,639 ordinary shares, which represents a 5.11% voting power. This development signifies a strategic investment by Principal Global Investors, potentially impacting Sandfire’s market positioning and signaling confidence in its operations.

More about Sandfire Resources Limited

YTD Price Performance: 14.90%

Average Trading Volume: 464

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.1B

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

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