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De Grey Mining Ltd ( (AU:DEG) ) has provided an announcement.
UBS Group AG and its related bodies corporate have increased their voting power in De Grey Mining Ltd from 5.18% to 6.42%, indicating a significant change in their interest in the company. This increase in voting power may impact De Grey Mining’s operations and its market positioning, as it reflects a heightened interest from a substantial stakeholder, potentially influencing future strategic decisions.
More about De Grey Mining Ltd
De Grey Mining Ltd is a mining company primarily focused on the exploration and development of gold deposits. The company operates in the mining industry, with a market focus on expanding its gold resources and enhancing its production capabilities.
YTD Price Performance: 29.27%
Average Trading Volume: 45,499
Technical Sentiment Signal: Strong Sell
Current Market Cap: $3.37B
For detailed information about DEG stock, go to TipRanks’ Stock Analysis page.
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