Westgold Resources (AU:WGX) has released an update.
JPMorgan Chase & Co. and its affiliates have become substantial shareholders in Westgold Resources Ltd, acquiring a total voting power of 5.14% with 24,344,457 ordinary shares. The shares have been acquired through various means, including securities on loan, obligations under securities lending agreements, and direct purchases. The move by JPMorgan signifies a notable level of confidence and investment in the Australian mining company.
For further insights into AU:WGX stock, check out TipRanks’ Stock Analysis page.
