tiprankstipranks
Franklin Resources Acquires Substantial Stake in AuMEGA Metals
Company Announcements

Franklin Resources Acquires Substantial Stake in AuMEGA Metals

Story Highlights

Stay Ahead of the Market:

Matador Mining Ltd ( (AU:AAM) ) has provided an update.

Franklin Resources, Inc., along with its affiliates, has become a substantial holder in AuMEGA Metals Limited, obtaining a 6.14% voting power through ordinary shares. This acquisition signifies a strategic interest in AuMEGA Metals Limited, potentially impacting the company’s shareholder structure and influencing its future decisions and market strategies.

More about Matador Mining Ltd

YTD Price Performance: -4.76%

Average Trading Volume: 1,420,991

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$24.16M

For an in-depth examination of AAM stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskAuMEGA Metals Unveils New Equity Incentive Plan
TipRanks Australian Auto-Generated NewsdeskAuMEGA Metals Secures C$7.3M in Private Placement
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App