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Jiangxi Copper Increases Stake in SolGold to 12.19%

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SolGold ( (GB:SOLG) ) just unveiled an update.

SolGold PLC has announced a significant change in its shareholder structure as Jiangxi Copper Company Limited, based in China, has increased its voting rights in SolGold to 12.19% from a previous 6.02%. This acquisition of voting rights by a major player in the copper industry may enhance SolGold’s strategic positioning and influence within the mining sector, potentially impacting its operations and stakeholder interests.

More about SolGold

SolGold PLC is a UK-based company operating in the mining industry, primarily focused on the exploration and development of copper and gold deposits. The company has a significant market focus on leveraging its resources to capitalize on the growing demand for these essential metals.

YTD Price Performance: 6.67%

Average Trading Volume: 89,140

Technical Sentiment Signal: Buy

Current Market Cap: $288.9M

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

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