Far East Gold Ltd (AU:FEG) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Xingye Gold (Hong Kong) Mining Company Limited has increased its stake in Far East Gold Ltd, boosting its voting power from 9.99% to 14.56% through a recent share acquisition. The purchase involved 17,493,192 shares at $0.20 per share, reflecting Xingye’s strategic interest in Far East Gold’s growth potential. This move signals confidence in Far East Gold’s future prospects, highlighting it as a company worth watching for investors.
For further insights into AU:FEG stock, check out TipRanks’ Stock Analysis page.