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Mitsubishi UFJ Financial Group Ceases Substantial Holding in Capricorn Metals

Story Highlights
  • Mitsubishi UFJ Financial Group has ceased to be a substantial holder in Capricorn Metals Ltd.
  • Securities transactions by an entity under Morgan Stanley have altered Capricorn Metals’ ownership structure.
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Mitsubishi UFJ Financial Group Ceases Substantial Holding in Capricorn Metals

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Capricorn Metals Ltd ( (AU:CMM) ) has shared an update.

In a recent development, Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Capricorn Metals Ltd, a company known for its operations in the mining sector, focusing on the exploration and production of mineral resources. The change in holdings is a result of securities transactions conducted by an entity controlled by Morgan Stanley, marking a significant shift in the ownership structure of Capricorn Metals Ltd, which could impact the company’s future market strategy and investor relations.

More about Capricorn Metals Ltd

YTD Price Performance: 26.59%

Average Trading Volume: 979,114

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$3.28B

See more data about CMM stock on TipRanks’ Stock Analysis page.

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