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Principal Global Investors Ceases Substantial Holding in Sandfire Resources

Story Highlights
  • Principal Global Investors, LLC is no longer a substantial holder of Sandfire Resources shares.
  • The change involved significant transactions, affecting Sandfire’s shareholder structure and market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Principal Global Investors Ceases Substantial Holding in Sandfire Resources

Elevate Your Investing Strategy:

An update from Sandfire Resources Limited ( (AU:SFR) ) is now available.

Sandfire Resources Limited has announced that Principal Global Investors, LLC has ceased to be a substantial holder of its shares. This change in substantial holding involves a series of transactions where Principal Global Investors, LLC bought and sold significant amounts of ordinary shares in Sandfire Resources Limited, ultimately reducing their voting power in the company. The impact of these changes may affect the company’s shareholder structure and could have implications for its market positioning and stakeholder interests.

The most recent analyst rating on (AU:SFR) stock is a Buy with a A$11.20 price target. To see the full list of analyst forecasts on Sandfire Resources Limited stock, see the AU:SFR Stock Forecast page.

More about Sandfire Resources Limited

Average Trading Volume: 1,973,547

Technical Sentiment Signal: Buy

Current Market Cap: A$5.2B

Find detailed analytics on SFR stock on TipRanks’ Stock Analysis page.

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