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The latest announcement is out from Mineros SA ( (TSE:MSA) ).
Sun Valley Investments AG has completed its public tender offer to acquire between 8% and 11% of Mineros S.A.’s shares, ultimately securing 7.96% at a price of COP$5,500 per share. This acquisition increases Sun Valley’s ownership to 65.38% of Mineros, potentially strengthening its control over the company and impacting its future strategic directions.
More about Mineros SA
Mineros S.A. is a Latin American gold mining company based in Medellin, Colombia, with operations in Colombia and Nicaragua. The company has a diversified asset base and a strong focus on safety and sustainability, boasting over 50 years of experience in the industry. Mineros is listed on the Toronto Stock Exchange and the Colombia Stock Exchange.
Average Trading Volume: 254,372
Technical Sentiment Signal: Buy
Current Market Cap: C$737.4M
Learn more about MSA stock on TipRanks’ Stock Analysis page.