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De Grey Mining Ltd ( (AU:DEG) ) has shared an update.
State Street Bank and Trust Company, along with its associated entities, has become a substantial holder in De Grey Mining Ltd, acquiring significant voting power in the company. This move highlights an increased institutional interest and investment in De Grey Mining, potentially impacting its operations and market positioning by enhancing its financial backing and shareholder base.
More about De Grey Mining Ltd
De Grey Mining Ltd operates in the mining industry, focusing on gold exploration and development. The company is known for its activities in the Pilbara region of Western Australia, where it primarily engages in the discovery and development of substantial gold deposits.
YTD Price Performance: 12.73%
Average Trading Volume: 44,030
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.99B
For a thorough assessment of DEG stock, go to TipRanks’ Stock Analysis page.