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Wanguo International Mining Group Ltd. ( (HK:3939) ) has shared an update.
Wanguo Gold Group Limited announced that its founder and substantial shareholder, Mr. Gao Mingqing, has increased his shareholding in the company by purchasing 200,000 ordinary shares through Victor Soar Investments Limited. This acquisition, which raises Mr. Gao’s interest to approximately 25.98% of the company’s total issued share capital, reflects his strong confidence in the company’s future prospects and growth potential. The board assures that the company maintains a sufficient public float of shares post-acquisition.
The most recent analyst rating on (HK:3939) stock is a Hold with a HK$31.00 price target. To see the full list of analyst forecasts on Wanguo International Mining Group Ltd. stock, see the HK:3939 Stock Forecast page.
More about Wanguo International Mining Group Ltd.
Wanguo Gold Group Limited is a company incorporated in the Cayman Islands, operating in the mining industry with a focus on gold production. The company is listed on the Hong Kong Stock Exchange under the stock code 3939.
Average Trading Volume: 5,320,881
Technical Sentiment Signal: Buy
Current Market Cap: HK$31.97B
See more data about 3939 stock on TipRanks’ Stock Analysis page.