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FireFly Metals ( (AU:FFM) ) has provided an update.
UBS Group AG and its related entities have notified FireFly Metals Ltd that they have ceased to be a substantial shareholder in the company as of 3 February 2026, according to a statutory disclosure lodged under Australian corporations law. The change, detailed in a Form 605 notice of ceasing to be a substantial holder, indicates that UBS’s voting power in FireFly Metals has fallen below the substantial holding threshold, signalling a reduction in institutional ownership that could alter the company’s share register composition and potentially affect market perceptions of its support from large financial investors.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.
More about FireFly Metals
Average Trading Volume: 3,982,440
Technical Sentiment Signal: Buy
Current Market Cap: A$1.58B
For detailed information about FFM stock, go to TipRanks’ Stock Analysis page.